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Dania Beach condo-zoned parcel sells for $1.6M

Dania Beach
Dania Beach

Asset Recovery X LLC, registered to a Plantation-based business compliance advisory, sold a 1.94-acre parcel of land in Dania Beach for $1.6 million, according to the seller’s agent, Avison Young, the world’s fastest-growing commercial real estate company.

Village of Dania Beach LLC, managed by Miami-based AHS Development Group, was the buyer.

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Zoned for up to 75 units per acre and up to seven stories, the parcel was marketed and sold in less than four months, a testament of developers’ renewed enthusiasm for South Florida submarkets.

Some 150 condo towers have been proposed for construction in South Florida. — Emily Schmall

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Avison YoungDania Beach