Camilo Miguel Jr. Of Mast Capital And Isaac Toledano & Liat Toledano Of BH Group Acquire 7 Units For $6.9M In Coconut Grove

The asset involved in this transaction is a condominium located at 2545 South Bayshore Drive in the Coconut Grove market. It comprises a total of 7 units, with a per unit price of $985,714. The total sale price for these units is $6,900,000.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $6,900,000
• Units: 7
• Buyer: Camilo Miguel Jr. - Mast Capital
• Buyer: Isaac Toledano & Liat Toledano - BH Group
• Previous Purchase: 32 units for $21.1 million
• Total Ownership Post-Transaction: 39 units
• Financing: $28 million loan from BridgeInvest
• Previous Ownership: 39-unit Bayshore Park condo

Camilo Miguel Jr. represents Mast Capital in this transaction, while Isaac Toledano and Liat Toledano represent BH Group. The joint venture aims to terminate the condo association and redevelop the site into a luxury condominium building.