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

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.