The property, which is situated at 942 Northeast First Avenue, will be home to the Legacy Hotel & Residences, a 50-story mixed-use tower with 274 branded residences atop a 256-room hotel.
The 3.15-acre site sits on over 650 linear feet of the Miami River with redevelopment potential of up to 1,574 units. CLICK ON THE HEADLINE FOR MORE
The residential asset consists of 353 units in two mid-rise buildings and a mix of 134 two- and three-bedroom townhomes. CLICK ON THE HEADLINE FOR MORE
The seller paid $11.5 million for the property in 2011. CLICK ON THE HEADLINE FOR MORE
The gated community at 8000 Cleary Boulevard includes 376 townhome-style units situated in 29 two-and three-story buildings spanning approximately 38 acres. CLICK ON THE HEADLINE FOR MORE
The listing broker, CBRE’s Vice Chairman of Investment Sales Robert Given, believes the land to be valued between $55 million to $65 million per acre. CLICK ON THE HEADLINE FOR MORE
The 489,000-square-foot multifamily building was built in 2014. CLICK ON THE HEADLINE FOR MORE
Robert Given of CBRE represented the seller. CLICK ON THE HEADLINE FOR MORE
The event, held at Douglas Entrance in Coral Gables, recognized the year’s best office and industrial sales and leases as well as achievements of a lighter nature, such as the Peanut Award for smallest transaction. CLICK ON THE HEADLINE FOR MORE
The co-developer of Miami Worldcenter won the bankruptcy auction. CLICK ON THE HEADLINE FOR MORE
