Ernesto Hechavarria Acquires Development Site In Miami Shores From Dominic Alezando For $2.25M

The asset involved in this transaction is a development site located at 1255 Northeast 93rd Street in Miami Shores. The sale price for the property was $2,250,000, with a building square footage of 2,353 and a price per building square foot of $956. The total square footage of the asset is 15,700, equating to a price per square foot of $143.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,250,000
• Address: 1255 Northeast 93rd Street
• Market: Miami Shores
• Building Square Footage: 2,353
• Price Per Building Square Foot: $956
• Total Square Footage: 15,700
• Price Per Square Foot: $143
• Buyer: Ernesto Hechavarria
• Seller: Dominic Alezando
• Brokers: Giovanni Mancini & Mina Taskiran - Sotheby's International Realty

Giovanni Mancini and Mina Taskiran represented the seller, Dominic Alezando, in this transaction. A noteworthy opportunity was also presented by the brokers, highlighting a Miami Beach waterfront property with approved plans, located at 1560 Bay Dr Miami Beach Fl 33141.