Contact Us
How Can We Help You?

Please, leave us your message.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Off market closing clearing a block for development.

Cashflow In Miami
July 18, 2020

Investors Jefferson Brackin and Michael Bird paid $5.9 million for a commercial assemblage in North Beach, with plans to redevelop the property.

The properties include two vacant buildings: one of nearly 8,000 square feet, built in 1967; and the other of about 1,400 square feet, built in 1935; as well as parking lots, records show. In all, the land totals 20,415 square feet. The sale price equated to $289 per square foot for the land.

The seller had paid $2.6 million for the properties in 2014, according to records.

The partners are considering an adaptive reuse project of the currently vacant site, while evaluating redevelopment opportunities . Location is superb.


Latest Posts

Read More

Starting 2021 With a Bang!

Two major sales have occurred in January, 2021 , giving this year one brisk jump start!! First major office tower will be the purchase by The Related Company Phillips Point office towers in West Palm Beach for $282 million.

Read more
Read More

Aston Martin Residences Rising!

Super Yacht Marina facilities, 24-Hour valet and self-parking option. Charging stations for electric cars, Bicycle and private storage spaces. Digital connection to concierge and all building amenities from every residence. Pet-Friendly.

Read more
Read More

Oceanfront News

In the largest sale, a company called Dome Realty dropped $35 million for 11.3 acres at 1174-1185 Hillsboro Mile, which is zoned for multifamily and could house up to 168 units, the Business Journal reported.

Read more
Read More

$125 Million Dormitory Rising!

5801 S Dixie Hwy, South Miami, FL 33143, USA. The project is a four minute walk from the South Miami Metrorail Station. It will include an eight story building. The student housing development will have a total of 99 units with 326 beds. Each unit will be equipped with a private living room and kitchen.

Read more
Read More

Will Mishorim Ever Rise Up?

255 NE 1st St, Miami, FL 33132. Israel’s Mishorim has submitted plans to build Mishorim Towers in downtown Miami in July 2019....Mishorim Towers is proposed to include...

Read more