Native Realty Closes $11 Million Sale of Multifamily Development Site in Fort Lauderdale’s Flagler Village

 

Dan Ross 

FORT LAUDERDALE, FL –– Native Realty, the Jaime Sturgis-led real estate firm that is disrupting the industry and placemaking South Florida’s hottest neighborhoods, brokered the $11 million sale of the future site of Advantis Station at Flagler Village in Fort Lauderdale.

 Sturgis and Native Senior Associate Dan Ross represented the sellers in a deal that closed on March 31.

 

The 1.4-acre site was one of the last available assemblages in Flagler Village and is across the street from Peter Feldman Park.

Jaime Sturgis

Buyer Midtown PAL Flagler Village LLC plans to build a 12-story, 252-unit rental project with a 300-space parking garage, expansive pool and amenity deck, open-air pedestrian plaza and ground-floor retail and restaurant space.

 

Construction is expected to begin this year, with resident move-ins targeted for 2024.

 

CONTACT:

 Eric Kalis

Vice President

 BoardroomPR

ekalis@boardroompr.com

O 954-370-8999 

C 305-794-5123

Bank of America Plaza | 1776 N Pine Island Road

Suite 320 | Fort Lauderdale, FL 33322

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www.nativerealty.com.