1527 SW 1st Avenue_aerial 800x400

Berger Commercial Realty’s Steve Hyatt Negotiates Sale Of Fort Lauderdale Mixed-Use Property

Berger Commercial Realty/Corfac International Senior Vice President Stephen Hyatt represented the seller,

Bennett-Stone Foundation, Inc., in the sale of its mixed-use property located at 1527 SW 1st Avenue in Fort Lauderdale.

Car Museum First Avenue, LLC, led by Steven Halmos, paid $4,150,000 for the former Fort Lauderdale Antique Car Museum Building.

The deal closed March 18.

The 21,000-square-foot building is situated on a 40,367-square-foot parcel of land. The museum is a reproduction of a Packard automobile showroom from the 1920s featuring beautiful, vaulted ceilings, wood beams and specialty flooring. The future mixed-use project will utilize the existing building.

Steve Hyatt“The South Andrews area has seen a recent uptick in activity with new multifamily housing, new retail and restaurants and the continued expansion of the Broward Health Medical Campus,” explained Hyatt.

Hyatt was the only broker involved in the transaction.

 

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