Berger Commercial Realty’s Steve Hyatt Negotiates Sale Of Flagler Village Land Parcel

Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented the seller, The Byrd Family, in the $1,200,000 sale of .29 acres located at 418 NE 2^nd Avenue in Fort Lauderdale.

418 NE2 AVE LLC closed on the purchase on October 1. The buyer was represented by Joey Biafore of Exclusive Premier Realty.

The property is located in the heart of the fast-growing Flagler Village area. The buyer’s plans include a multifamily development on the site. Once an industrial warehouse district, edgy Flagler Village is now home to dozens of trendy restaurants, bars, shops, galleries, and numerous newly developed apartments, many within the FATVillage Arts District.

“The Byrd Family has owned the property for over 40 years,” Hyatt said. “With the rapid growth and popularity of the Flagler Village area, it was the perfect time to sell while presenting an incredible opportunity for the buyer.”