A development site located at 1120, 1130 & 1136 Southwest 3rd Avenue in Miami has been sold. The property was purchased by Visions at Brickell from Ultimate Properties for a sale price of $8,500,000. The transaction took place on 12/19/2023. The development site offers potential for future development in Miami's real estate market.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $8,500,000
• Address: 1120, 1130 & 1136 Southwest 3rd Avenue
• Market: Miami

Ashley Alvarez and William Alvarez from Sterling One Realty served as the brokers in this transaction, representing both the buyer, Visions at Brickell, and the seller, Ultimate Properties. Their expertise and attention to detail ensured a smooth sale of the property. The Alvarez Group, founded by William and Ashley Alvarez, is known for their strategic negotiations and market insights in Miami's real estate market. They can be reached at 305-285-2322 for any investment opportunities in the area.

Please note that the sale price of $8,500,000 was confirmed in the transaction, demonstrating the successful outcome of the deal.