Trilogy Real Estate Group Acquires Development Site In Edgewater-Wynwood Gateway, Miami For $5.68M

159 NE 27 St, Miami, Florida 33137, United States

$5,680,000

$405/SF

Building Size

14,000 SF

Asset Type

Development Site

Closing

Jul 7, 2022

AI

A development site located at 159 & 161 NE 27 Street, Miami, FL 33137 in the Edgewater-Wynwood Gateway market of Miami has been sold in a closed transaction. The property was acquired by Trilogy Real Estate Group for a total sale price of $5,680,000. The site spans approximately 14,000 square feet, resulting in a price per square foot of $406.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $5,680,000
Address: 159 & 161 NE 27 Street, Miami, FL 33137
Market: Edgewater-Wynwood Gateway, Miami

The sale of the development site was facilitated by Alex K. Tsoulfas, Vincent Pastore, and Jamie Rose Maniscalco of APEX Capital Realty, representing the buyer and seller in the transaction.

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