Berger Commercial Realty’s Joe Byrnes, Jake Michels Negotiate Sale Of Prime Vacant Land in Fort Lauderdale

Berger Commercial Realty  /   November 21, 2024

Kolo 20 LLC has successfully purchased a .25-acre parcel of vacant land located at 705 SE 22nd Street in Fort Lauderdale from JTL 2110 Trust for $485,000.

Berger Commercial Realty/Corfac International Senior Vice President Joseph P. Byrnes and Sales Associate Jake Michels facilitated the sale within an impressive 30-day timeframe.

Situated just off US-1, the property boasts a prime location in the heart of Fort Lauderdale, offering versatile development opportunities. Kolo 20 LLC plans to utilize the parcel for parking to support nearby businesses, enhancing the area’s infrastructure and accessibility.

“This acquisition reflects the continued commitment to investing in the Fort Lauderdale community and optimizing commercial land parcels for a variety of uses,” said Byrnes.

The sale was conducted as an all-cash transaction, underscoring the strong demand for real estate in this vibrant market.

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