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What can one buy in Aventura for $105 million??

Cashflow In Miami
August 6, 2021

NE 213-214th st Aventura District

20599 Biscayne Blvd

There are big things brewing in Aventura! And one of them is a approved master planned community with ALF, hotel, office , retiail and multifamily component right off Biscayne boulevard! Come fall the developer can start build up piece by piece. The owners of the parcels off of NE 214 th street are asking $105,000,000 and have spent years amassing the land and obtaning the site plans and zoning approvals.  The approved FAR is 2,49 with 57 apartments per acre.Arquitectonica is the architect. This gigantic work has been complete and now waiting on its buyer with over 1million sq ft, over 800 units...if you are or someone you know has interest and experience , please contact me and i would be happy get more details.

At the same time diagonally south the funeral home gets sold for $13 million and Centtral Aventura LLC, owned by Jacobo Cababie Dichi  seeking to rezone from "office park" to "B-2," allowing the developer to pursue different uses for the property and build up . The developer filed plans for an 11-story building designed by Behar Font & Partners. It would have 40,000 square feet of retail on the first two floors, with an escalator to reach the second floor, parking on levels three through five, and 129 hotel rooms on floors six through 11. There would be a lounge and pool deck on the sixth floor.

Project would be LEED Gold-certified under green building principals. Cababie Dichi is part of a family well known for development in Mexico, with a handful of projects in South Florida.


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