Marcus & Millichap Facilitates $15.1 Million Sale Of Major Development Site iIn Miami’s Edgewater District
The site spans six parcels and is one of the last remaining sites of this size allowing for large-scale development in the Edgewater area.
The site spans six parcels and is one of the last remaining sites of this size allowing for large-scale development in the Edgewater area.
Vice President Bradley Arendt, Executive Vice President Mika Mattingly and Associate Jonathan Papeika of the Colliers South Florida Urban Core Division represented the seller in the transaction. Ryan Shaw of Marcus & Millichap represented the buyer.
Marcus & Millichap’s First Vice President Investments Ryan Shaw, along with Quinn Sousa, had the exclusive listing to bring the generational assets to market for the first time.
The assemblage occupies an entire city block in Fort Lauderdale’s hip Flagler Village neighborhood, located just two blocks north of Las Olas Boulevard in Downtown Fort Lauderdale.
Ryan Shaw and Al Palacios are representing the seller, a limited liability company from Miami. CLICK ON THE HEADLINE FOR MORE
Ryan Shaw and Paul Nudelman in Marcus & Millichap’s Miami office are representing the sellers. CLICK ON THE HEADLINE FOR MORE
The zoning allows for a development of nearly 243,000 square feet with a total height of 36 floors. CLICK ON THE HEADLINE FOR MORE
The investment opportunity consists of multiple land parcels and marina. CLICK ON THE HEADLINE FOR MORE
The mixed-use building is currently 100 percent occupied. CLICK ON THE HEADLINE FOR MORE
The property is in the middle of a multi-billion dollar renaissance from several large development projects. CLICK ON THE HEADLINE FOR MORE
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