Monday, September 17, 2012

NAI Realvest Negotiates Purchase of Daytona Beach Oceanfront Parcel

MAITLAND, Fla. -- NAI Realvest recently negotiated the acquisition of a vacant oceanfront residential parcel at 1299 S. Atlantic Ave. in Daytona Beach for $775,000. Chris Butera, investment associate at NAI Realvest, negotiated the transaction representing the buyer, a local investor. The $775,000 sale price of the 1.21 acre oceanfront site is among some of the most attractive pricing the area has seen yet for vacant oceanfront property, according to Butera. The seller, Equity Resource Partners IV, LLC of Atlanta was represented by Bill Little of Watson Commercial Realty in Jacksonville. About NAI Realvest NAI Realvest, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.NAIRealvest.com.

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