FORT LAUDERDALE, FLORIDA (March 28, 2022) – Chris Conklin of Northmarq’s Fort Lauderdale-based investment sales team, arranged the $18,000,000 sale of the 2.9-acre, 5 Park multifamily development site in North Miami Beach, Florida. The land assemblage—located on a triangular plot of land at 16955 – 17071 West Dixie Highway, bounded by NE 170th St. to the south and Brightline train tracks to the east—has approvals in place for a 9-story, mixed-use project consisting of 375 apartment units, 17,000 sq. ft. of ground-floor retail space, and 567 parking spaces.
Multifamily -
Sale