Roberto Pesant, Jaret Turkell, Yoav Yuhjtman, Jose Mota, and Omar Morales of Berkadia South Florida led the $24.6 million sale on behalf of the seller. Mitch Sinberg, Brad Williamson, Matt Robbins and Scott Wadler secured $14.76 million in acquisition financing through a bank on behalf of the buyer.
The land has entitlements for a 49-story building with 381 residential units, 8,256 square feet of commercial space and 426 parking spaces.
Shalimar at Plantation is part of the Plantation Midtown Master Plan and included within Plantation Midtown Square development, a 25-acre site that will ultimately deliver 480 luxury apartments, 86 townhomes, a three-story parking garage, and 10,000 square feet of retail space on the former American Express property.
One of the project’s key highlights is the Dania Beach Marina Club, which will provide 12 boat slips and electronic boat rentals.
His dedication to urban development is underscored by his role as a board member of the City of West Palm Beach Downtown Action Committee, where he actively contributes to shaping the city’s downtown. His passion for community, placemaking, walkable communities, and transportation-oriented development demonstrates his commitment to sustainable urban planning and thoughtful growth.
The sale price equates to $344,000 per unit.
Day Pitney Attorney Daniel Diaz Leyva represented NY-based Highpoint Property Group, which acquired the site in a joint venture with local partner Akabas Properties.
The 23-story building will comprise 378 luxury rental apartments, 6,919 square feet of retail space and 1,706 square feet of offices.
He brings significant development management experience, having previously worked for top firms like Stiles Residential Group and The Morgan Group.
The project will rise on a 1.65-acre site at 6028 Johnson Street.
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