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.
“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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