Berger Commercial Realty Facilitates Sale Of Waterfront Property In Fort Lauderdale
Berger Commercial Realty/CORFAC International Sales Associate Jake Michels successfully represented the Buyer, JLK MGT, LLC, in the purchase of a prime waterfront parcel located at 94-96 Hendricks Isle in Fort Lauderdale.
The sale closed on December 17 at a purchase price of $4,375,000.
The .29-acre lot, featuring 100 feet of waterfront, is ideally positioned just minutes from downtown Fort Lauderdale and the beach, making it an excellent location for luxury residential development. Currently home to two vacant multifamily buildings, the property will be demolished to make way for a new high-end development featuring exclusive residences.
“This sale represents a continued trend of new, upscale projects entering the prestigious Las Olas Isles neighborhood,” said Michels. “JLK MGT is committed to developing a truly exceptional residence that aligns with the growing demand for high-end waterfront properties in Fort Lauderdale.”
This transaction marks the fourth completed deal by Jake Michels on behalf of JLK MGT in the fourth quarter of 2024, highlighting both the demand for luxury real estate in the area and the strength of Berger Commercial Realty’s expertise in facilitating high-profile transactions.
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