By Nathan Hale (November 29, 2021, 4:55 PM EST) — As the Florida real estate market heated up last week, deals were closing right up to the Thanksgiving holiday. Miami-based 13th Floor Investments on Tuesday secured Hallandale Beach’s 15.5-acre Ashworth Park development site, one of South Florida’s last large-scale urban development sites, for $18.5 million.
The rectangular site, which is equidistant from downtown Miami and downtown Fort Lauderdale, consists of multiple parcels adjacent to the Big Easy Casino and a rapidly urbanizing area that has more than $1 billion in projects under construction, planned or approved, according to an announcement from 13th Floor and JLL Capital Markets, which represented seller TS&B…
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