Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the exclusive listing of a 46 acre piece of land located in Southwest Ranches, FL, according to Kirk A. Felici, regional manager of the firm’s Miami office. The asset is listed for $15,750,000.

Ryan T. Shaw, an investment specialist in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The property is in the Town of Southwest Ranches on the northwest corner of Flamingo and Sheridan, and 2.4 miles east of I-75.

This property is 46 acres at the northwest corner of Sheridan Street and Flamingo Road. “This is an excellent opportunity acquire 46 contiguous acres in Broward County which could be held for future development, developed into luxury estates, polo club or equestrian use, which represents the rural lifestyle of Southwest Ranches.” Ryan Shaw said in a statement.

About Marcus & Millichap (NYSE: MMI)

With over 1,700 investment sales and financing  professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2016 with a value of approximately $42.3 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com