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Announcement

Bulk Sales Galore!

By
Cashflow In Miami
on
December 28, 2021

Crestview Tower for Sale?

2025 NE 164th St, North Miami Beach, FL 33162

What will happen with this community ?? Will it get bought out 1/1 at $60k and 2/2 at $120,000 a door to get demoed and make way for new multifamily tower?? Most likely, I don't think the almost $50,000 assessment per unit will be readily accepted by this community...

What will I do without my Russian-Turkish Bath house?

5445 Collins Avenue, Miami Beach

The unit owners of Castle Beach Club at 5445 Collins Avenue tapped a broker to list their 4-acre, 570-unit development for sale, also unpriced. The property has 576 feet of beach frontage and it Miami Beach Mid Beach section. The building was constructed in 1966, and the majority of units are rented out as short-term rentals. The property is zoned RM-3, allowing for more than 500,000 square feet of development and 150 units per acre, or close to 600 units overall. The building received an unsafe structure violation from the city of Miami Beach in July that required emergency shoring. The notice cited concrete spalling and cracking in the garage. The Castle Beach Club site could be valued at about $200 million.

8855 Collins Ave, Surfside, FL 33154

The Related Group is buying up the both towers. Its in the process of contracting right now.

9165 Collins Ave, Surfside, FL 33154

Hillcrest by the sea Surfside sold. Coop owners are all bought out. One more older oceanfront community getting lights off in 2022.

101 N Ocean Dr, Hollywood Beach

Chetrit Group is closing on units one by one in Hollywood Beach Resort .Built 1926 property has been going down for years. It has amazing location oceanfront on Boardwalk in Hollywood Beach.

2022 will bring many more A+ development deals. Both waterfront and dry lots. If you are seeking a bulk condo buy out, please reach out to me 786-942-0502. I am working two properties right now, that can be turned into luxury condo development oceanfront one and mixed use hotel anchored another one.

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