Site for former President Franklin Delano Roosevelt’s vacation home in Golden Beach was sold for $10 Million.

Posted on Posted in Uncategorized

The 29,600-square-foot beachfront plot, with 100 feet of ocean frontage, located at 219 Ocean Boulevard, was sold for $338 per square foot. The original President Franklin Roosevelt’s Winter White House was torn down in 1994 and replaced with an ultra-modern home designed by Carlos Zapata. The new modern home was turn down again in 2016. […]

The Blackstone Group paid $117,000,000 for the Portofino at Biscayne, an apartment complex in North Miami.

Posted on Posted in Multifamily, Sales

The 871 unit, 792,499 square-foot property was built in 1974. It sits on 23-acres at 14000 Biscayne Boulevard. Blackstone financed the deal with a nearly $90 million mortgage from Wells Fargo. Units range from 510-square-foot studios to 1,100-square-foot two-bedrooms and include balconies, according to Portofino’s website. Details…

June 2016 Sales in North Miami / North Miami Beach

Posted on Posted in Sales

6/30/2016: 665 NE 113rd Street, North Miami Beach, FL 33162 (Multifamily): a 18-unit 2-story 11,590 SF apartment complex built 1967 on 0.52 acres was sold for $1,886,500. It was originally listed at $2,000,000. The sale translates to $104,805 / unit or $162/sf. 6/30/2016: 16030 NE 19th Ct, North Miami Beach, FL 33162 (Multifamily): a 27-unit […]

Transamerican Development bought 2+ acre lot at Biscayne Blvd & 163rd Street for $13.4 Million.

Posted on Posted in Development, Land Purchase

Transamerican bought the restaurant building located at 16375 Biscayne Boulevard. The restaurant is currently occupied by Brazilian steakhouse Area Code 55.  The site is next to The Harbour development cite (two residential towers with 420+ units), and CK Prive’s planned mixed-use development at 16301 Biscayne Boulevard. Details…

6/1/2016 – Recent sales in North Miami Beach

Posted on Posted in Sales

5/31/2016 – 17101 NE 19th Ave, North Miami Beach, 33162: a two story 28,513 SF medical building was bought for $3,000,000. The building was built in 1984 and sits on 0.65 acres zoned RO. The sale translates to $105,215 / SF.   5/24/2016 – 765 NE 121st STREET, North Miami 33181: a 14-unit multifamily property […]

Two appartment buildings were sold for combined $11,000,000 in North Miami Beach

Posted on Posted in Multifamily

The first property (1495 NE 167th Street) is located in unincorporated donut-hole area within North Miami Beach. The second property (2350 Northeast 173rd Street) is close to Greynolds Park and new construction project Marina Palms. New York-based Burke Leighton has bought the two buildings from Grand Island Square, a partnership led by Eyal Mehaber and Kris Persaud. […]