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Urban Network Capital Group Acquires Development Site In Brickell For $8.5M

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SOLD
$8,500,000

Florida

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Development Site42,750 SF
Sold 03/08/2023
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SOLD

Urban Network Capital Group Acquires Development Site In Brickell For $8.5M

1120 SW 3rd Avenue, 1130 & 1136 Sw 3rd Avenue & 1136 Sw 3rd Avenue

See Similar Deals
Development Site42,750 SF
Sold 03/08/2023
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$198
Total Square Footage:42,750 SF
Transaction Type:Sale

The development site located at 1120, 1130 & 1136 SW 3rd Avenue in Brickell has been sold for a price of $8,500,000. The property spans across an area of 14,250 square feet, resulting in a price per square foot of $596. The transaction took place on 03/08/2023.

Summary of transaction details:

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

Urban Network Capital Group, represented by Robert Thorne, purchased the property from Ultimate Property Holdings. The sellers, Lizette Parada, Rafael Marlene Parada, and Kathleen Slater, were the previous owners of the property.

Players

6 deals$104.2M volume
BUYER

Details

SOLD
IMAGE: Robert Thorne DATE: 03/08/2023 ADDRESS: 1120, 1130 & 1136 SW 3rd Avenue MARKET: Brickell ASSET TYPE: Development Site BUYER: Urban Network Capital Group - Robert Thorne SELLER: Ultimate Property Holdings - Lizette Parada, Rafael Marlene Parada & Kathleen Slater SALE PRICE: $8,500,000 SF: 14,250 ~ PPSF: $596

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