#JacksonStreetDevelopment

[tradedmiami]

SALE IMAGE: Husein I. Sonara, Al Spahn, Steve Neumann, Mark Drachman, Allen Konstam & Daniel Briggs DATE: 03/12/2024 ADDRESS: 320 Federal Highway MARKET: Hollywood ASSET TYPE: Multifamily BUYER: Mark Drachman, Allen Konstam, Husein I. Sonara, Al Spahn, Steve Neumann & Daniel Briggs - FundRebel (@FundRebels) SELLER: Giuseppe Ladisernia - Jackson Street Development SALE PRICE: $62,000,000 UNITS: 204 ~ PPU: $303,922 SF: 248,000 ~ PPSF: $250 NOTE FROM BUYER: Nine Hollywood is a 12-story ground-up new construction of a premier 204-unit apartment residential building with ground-floor commercial space. The building hosts a wealth of amenities and services, elevating the resident’s lifestyle. The building contains a total rentable area of 123,262 sqft, including 7,142 sqft of subdividable commercial space. The building at 1809 Jackson Street and 320 South Federal Highway is just south of Young Circle and Arts Park in the heart of downtown Hollywood, Florida. The Downtown Hollywood area is one of the fastest-growing real estate markets in South Florida due to favorable pro-business public policies, growing vibrant and diverse demographics, and a thriving economy of local small to mid-sized businesses. #Miami #RealEstate #tradedmia #MIA #TradedPartner #Hollywood #Multifamily #JacksonStreetDevelopment #MarkDrachman #AllenKonstam #HuseinISonara #AlSpahn #SteveNeumann #DanielBriggs #FundRebel

#Miami #RealEstate #tradedmia #MIA #TradedPartner #Hollywood #Multifamily #JacksonStreetDevelopment #MarkDrachman #AllenKonstam #HuseinISonara #AlSpahn #SteveNeumann #DanielBriggs #FundRebel