Berger Commercial Realty Closes Sale Of Andrews Avenue Property

Aug 18, 2019 No Comments by

Berger Commercial Realty/CORFAC International Senior Vice Presidents St. George Guardabassi and Steve Hyatt recently facilitated the sale of 1801 South Andrews Ave. to 1801 Associates LLC for $5.28 million. The buyer was also represented by Berger Commercial Realty in the transaction.

Located just two blocks south of Broward Health Medical Center at the corner of Southeast 17th Street and Andrews Avenue, the property consists of a 14,720-square-foot former outpatient medical center situated on 70,000 square feet of land.

 

“The buyers recognized the investment value of the property due to its size, ease of access to major roadways and close proximity to downtown Fort Lauderdale, Las Olas and the burgeoning 17th Street corridor,” Guardabassi said. “Additionally, the site is located near Fort Lauderdale Beach, Port Everglades, Fort Lauderdale/Hollywood International Airport and several upscale neighborhoods including Harbor Beach and Rio Vista.”

The buyers will lease the existing building as office space while they consider the best long-term use of the property.

 

 

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