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Development Site In Downtown Miami Sold For $8.85M With Rena Kliot From Pulse International Realty & Jennifer Djurkovic From Djurkovic Investment Properties

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SOLD
$8,850,000
Rena Kliot
Jennifer Djurkovic

Florida

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Development Site18,000 SF
Sold 01/25/2022
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SOLD

Development Site In Downtown Miami Sold For $8.85M With Rena Kliot From Pulse International Realty & Jennifer Djurkovic From Djurkovic Investment Properties

1317 North Miami Avenue

See Similar Deals
Development Site18,000 SF
Sold 01/25/2022
Rena Kliot
Jennifer Djurkovic
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$491
Total Square Footage:18,000 SF
Transaction Type:Sale

A development site located at 1317 N Miami Avenue in Downtown Miami was recently sold for $8,850,000. The property consists of three parcels totaling 18,000 square feet and has a building square footage of approximately 130,000. The site is zoned as Urban Core Zone (T6-24-O) and sits on 0.413 acres. The sale price equates to a price per square foot of $492.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $8,850,000
  • Address: 1317 N Miami Avenue
  • Market: Downtown Miami
  • BSF: 19,551
  • PPBSF: $453
  • SF: 18,000
  • PPSF: $492

Rena Kliot from Pulse International Realty and Jennifer Djurkovic from Djurkovic Investment Properties represented the buyer and seller in this transaction. Rena Kliot can be reached at [email protected], and Jennifer Djurkovic can be contacted at [email protected]. Both brokers have extensive experience in the real estate industry and played integral roles in this deal.

Players

Jennifer Djurkovic
Djurkovic Investment Properties
Jennifer Djurkovic
4 deals$16.1M volume(631) 624-3053
BROKER
Rena Kliot
Rena Kliot
5 deals$76.9M volume
BROKER

Details

SOLD
IMAGE: Rena Kliot & Jennifer Djurkovic DATE: 01/25/2022 ADDRESS: 1317 N Miami Avenue MARKET: Downtown Miami ASSET TYPE: Development Site BROKERS: Rena Kliot (@RenaPulse) - Pulse International Realty (@Pulseinternationalrealty) & Jennifer Djurkovic (@JennieDjurkovic) - Djurkovic Investment Properties SALE PRICE: $8,850,000 BSF: 19,551 ~ PPBSF: $453 SF: 18,000 ~ PPSF: 492 NOTE FROM BROKER: Development site in the heart of Downtown Miami consisting of three parcels totaling 18,000 sq ft lot with approximately 130,000 BSF: Zoning Urban Core Zone (T6-24-O) sits on 0.413 Acres. FLR 7 Rena Kliot Broker I Owner Pulse Int'l Realty NY Pulse Int'l Realty FL Direct I 516-312-8348 New York I Miami [email protected] "We have our PULSE on Your Needs" Jennifer Djurkovic CEO & Licensed Real Estate Broker Mobile: (631) 624-3053 [email protected] www.djurkovicip.com 1407 Broadway New York, NY 10018 www.djurkovicip.com

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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