GSK Hollywood Development Group – managed by Manuel Grosskopf, of Aventura-based condo developer Chateau Group, and Jose Kavana – sold 1.24 acres of vacant land at 321, 325, 329, 333 and 337 Jefferson St., plus 901 S. Ocean Drive. The buyer was Hollywood Moon Development, managed by Ulvi Mammadov in Hallandale Beach. Greg Matus, Adam Tiktin and Alex Lazo of Franklin Street represented the seller in the deal.
“With views of the beach and Intercoastal, the site represented an extremely rare development opportunity,” Matus said.
The property was assembled for $4.75 million in 2002 and 2003. It’s one block west of the beach, behind the Andoric condominium.
The marketing package from Franklin Street said the property could have 48 two- and three-story homes based on the current zoning.