Charles Kushner Acquires Development Site In Edgewater, Miami For $37.6M

The sale of a development site in Edgewater, Miami has recently taken place. The property, located at 1900 Biscayne Blvd, offers a promising investment opportunity in the real estate market. With a total of approximately 1,300 buildable units, the site presents significant potential for development.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $37,635,000
• Address: 1900 Biscayne Blvd, Edgewater, Miami
• Market: Edgewater, Miami
• Units: 1,300 (Approx.) Buildable Units

Charles Kushner, representing Kushner Companies, acted as the buyer in this transaction. On the other hand, Enrique Manhard & Partners took on the role of the seller. The deal was facilitated by Estrella Perez from EP Realty Group, who represented the buyer's interests throughout the negotiation process.