SOLD
PR Group Florida Acquires Development Site In Miami's Edgewater For $17.1M
426 Northeast 28th Street
37,379 SF
Sold 1 year ago
Summary
Sale
FLORIDA
37,379 sqft
A development site located at 426 & 434 NE 28th St and 423 NE 27th St in Miami - Edgewater has been sold for a total of $17,154,000. The property consists of 128 units with an average price per unit of $134,016. The total square footage of the site is 37,379, resulting in a price per square foot of $458. The sale was completed on 06/24/2022.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $17,154,000
- Units: 128
- Price per Unit: $134,016
- Square Footage: 37,379
- Price per Square Foot: $458
- Address: 426 & 434 NE 28th St, 423 NE 27th St
- Market: Miami - Edgewater
Representing the buyer, PR Group Florida, in this lot assemblage deal was Jim Agard from Vendome Capital. The seller, consisting of Alex Pavlosky, Wesley Bradley, and Octavio Maza, was represented by Freddie Klein from The Porosoff Group for the sale of 423 NE 27th St. The lot assemblage has been successfully completed with the assistance of Jim Agard.
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Agents
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Details
SOLD
IMAGE: Jim Agard
DATE: 06/24/2022
ADDRESS: 426 & 434 NE 28th St
423 NE 27th St
MARKET: Miami - Edgewater
ASSET TYPE: Development Site
BUYER: PR Group Florida - Christophe Petit & Julien Ridon
SELLER: Alex Pavlosky; Wesley Bradley; Octavio Maza
BUYER'S REP: Jim Agard (@JimAgard) - Vendome Capital
SALE PRICE: $17,154,000
UNITS: 128 ~ PPU: $134,016
SF: 37,379 ~ PPSF: $458
NOTE FROM BROKERS: LOT ASSEMBLAGE COMPLETED !
Jim AGARD (@jimagard) from Vendome Capital was representing buyer for the lot assemblage.
Freddie KLEIN (@FredKlein) from The Porosoff Group was representing seller for 423 NE 27th St.View on map
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Address426 Northeast 28th Street
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