Jocelyne Louise Woodhouse And Nicholas J. Woodhouse Acquire Miami Beach Lot For $23.5M

A vacant lot located at 6626 Sheffield Lane in Miami Beach was sold for $23.5 million. The transaction involved a sale price of $23,500,000, with a building square footage (BSF) of 26,250 and a price per building square foot (PPBSF) set at $895. The asset type is classified as a single-family property.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $23,500,000
• Address: 6626 Sheffield Lane
• Market: Miami Beach, FL
• Building Square Footage: 26,250
• Price per Building Square Foot: $895
• Buyer: Jocelyne Louise Woodhouse; Nicholas J. Woodhouse - Authentic Brands Group
• Seller: Laurie Nehmen Lloyd; Oliver Morris Lloyd - Douglas Elliman

This transaction marks the third residential purchase in Miami Beach for Nicholas J. Woodhouse and Jocelyne Louise Woodhouse, who acquired the property through Cashwood Investments LLC. The couple is expanding their La Gorce Island portfolio, following previous multimillion-dollar acquisitions and their development activity related to new luxury home construction at the site.