NAI Miami | Fort Lauderdale Completes the Second Sale in The City of Pinecrest in Just Three Months
Miami, FL – 2 October 2024 – NAI Miami | Fort Lauderdale, a member of the world’s premier managed network of commercial real estate firms, announces the sale of 9627 South Dixie Highway, Pinecrest, FL 33156, marking it the second completed transaction in the Pinecrest market within three months. The property is a two-story, 6,840-square-foot office building on a 0.333-acre land parcel fronting South Dixie Highway.
Jeremy S. Larkin, CEO, Joseph Gallaher, Partner, and Valentina Tawil, Junior Broker of NAI Miami | Fort Lauderdale represented the seller, JHCH Investments, LLC.
“The $4,300,000.00 sales price, which equates to approximately $629.00 per square foot, continues to demonstrate the demand for small office buildings in the Pinecrest and Palmetto Bay markets,” said Larkin.
“The buyer’s acquisition of the property as an owner-user highlights a growing trend among businesses to invest in their real estate, reflecting a desire for stability and control in an evolving market.” Tawil mentioned.
This latest transaction highlights the team’s continued momentum in the Pinecrest market. Currently, the team is actively marketing two additional office buildings and one retail property, further solidifying their presence in the area. The buildings are:
- 9769 South Dixie Highway: A 6,817-square-foot, two-story office building on an 8,712-square-foot lot.
- 9703 South Dixie Highway: A 9,912-square-foot, two-story office building on a 14,465-square-foot lot.
- 9799 South Dixie Highway: A 3,604-square-foot retail building on a 16,091-square-foot corner lot.
NAI Miami | Fort Lauderdale continues to lead in facilitating transactions and is recognized for its industry knowledge, dedication, and professionalism.
