FORT LAUDERDALE, FL, July 20, 2020 – Native Realty,
the pioneering Fort Lauderdale-based commercial real estate firm, is marketing
one of the last development sites on downtown Fort Lauderdale’s Federal Highway
corridor for $12.5 million.
Firm
Founder and CEO Jaime Sturgis is listing the 150 N. Federal Hwy.
property.
The 0.78-acre site is walking distance to many of the city’s
most popular bars and restaurants on Las Olas Boulevard and in Flagler Village.
It is just down the street from Virgin Trains USA’s Fort Lauderdale station.
Existing zoning potentially allows for hotel with up to 212 rooms,
residential with up to 109 units or a 12-story mixed-use development.
“You could not ask for a more well-positioned development
site at the gateway to downtown Fort Lauderdale,” Sturgis said. “We anticipate
substantial interest in this offering given the scarcity of such properties in
the city’s urban core.”
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| 150 North Federal Highway, Fort Lauderdale, FL |
Sturgis and Native’s Dan Ross are also exclusively
marketing one of the last available land assemblages in Flagler Village. The
600, 614 and 618 NE Third Ave. and 313 NE Sixth St. assemblage is priced at
$7.7 million and has zoning that allows for a wide variety of development up to
150 feet.
CONTACT:
Eric Kalis
Vice President
BoardroomPR
O 954-370-8999
C 305-794-5123
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