Grocery exec Jeff Levitetz buys strip mall in Lighthouse Point

Property sits on 2.5 acres of land with frontage along North Federal Highway

Miami /
Nov.November 21, 2018 12:30 PM

3110 Plaza and Jeff Levitetz

Wholesale grocery executive Jeff Levitetz just dropped $7 million on strip mall in Lighthouse Point, property records show.

The property at 3100-3150 North Federal Highway features 30,740 square feet of retail space, meaning the deal breaks down to about $228 per square foot. The property sits on 2.5 acres of land with frontage along North Federal Highway.

The seller, Lighthouse 3110 LLC, is led by property investor Alberto Dayan. Records show the entity paid $5.7 million for the site in 2014. The strip mall, called 3110 Plaza, was built in 1987.

Tenants include Hott Leggz Seafood and Burger Bar, Hair Design Plus, El Tamarindo Cafe and an animal hospital. Burger franchise BurgerFi announced it would move into the plaza in 2014.

Levitetz is the founder and chairman of Purity Wholesale Grocers, which acts as a nationwide wholesale distributor of grocery store products and other merchandise. The company is based out of Boca Raton’s 700-acre Park of Broken Sound.

In 2016, the Shopper’s Haven retail center, just a couple of blocks north of 3110 Plaza, at 3301 North Federal Highway, sold for $50 million to real estate investors Chris and Carmen Partridge.


Related Articles

arrow_forward_ios
South Florida contracts increase through the end of 2020. (Getty)

Signed resi contracts up in South Florida in December

Signed resi contracts up in South Florida in December
Palazzo Della Luna at 6800 Fisher Island Drive (Photo via Palazzo Della Luna)

Miami-Dade weekly condo sales, dollar volume up at year-end

Miami-Dade weekly condo sales, dollar volume up at year-end
500 Oleander Drive (Douglas Elliman)

Canadian entertainment agency CEO pays record $5M for Hallandale Beach home

Canadian entertainment agency CEO pays record $5M for Hallandale Beach home
(Google Maps, Fisher Island)

Miami-Dade condo sales, dollar volume fall during holiday week

Miami-Dade condo sales, dollar volume fall during holiday week
Map and Palazzo Della Luna, Miami Beach (Google Maps)

Condo sales, dollar volume rise last week in Miami-Dade

Condo sales, dollar volume rise last week in Miami-Dade
515 East Dilido Drive with Jonathan Cox (Douglas Elliman, Federated Cos.)

Federated Cos. developer buys waterfront Venetian Islands home

Federated Cos. developer buys waterfront Venetian Islands home
(Google Maps)

$35M closing at Faena House leads Miami’s weekly condo sales

$35M closing at Faena House leads Miami’s weekly condo sales
(Google Maps)

Condo sales rebound in Miami-Dade after Thanksgiving

Condo sales rebound in Miami-Dade after Thanksgiving
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...