Native Realty Represents Both Sides In Sale Of Flagler Village Multifamily Portfolio With Major Development Upside
The portfolio, which totals 42 residential units, traded for a combined $8.87 million, equating to $211,190 per unit.
The portfolio, which totals 42 residential units, traded for a combined $8.87 million, equating to $211,190 per unit.
The sales total nearly $16 million in value.
The project, which is located near Broward Health and the new Federal Courthouse, is anticipated to be completed in the first quarter of 2027.
To support its continued growth, Native is actively interviewing senior commercial real estate brokers to meet rising demand from its expanding client base.
The 15,372-square-foot building sold for $223 per square foot.
The sales closed on consecutive business days.
Native is on pace to surpass $1 billion in overall transactional volume during the third quarter of 2025.
Firm CEO Jaime Sturgis and COO Kaley Tuning represented the seller in the $5 million transaction, which equates to $650 per square foot.
Since commencing its exclusive leasing representation of Thrive just seven months ago, Native has secured 11 new tenants to bring the district to nearly 75% leased.
Native Realty represented both sides in a lease for the final available space.
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