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

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.