Andy Ansin Acquires Development Site In North Bay Village From Leo Macedo For $13.5M

An development site located at 1601 79th St Causeway in North Bay Village has been sold for $13,500,000. The buyer, Andy Ansin, acquired the property from seller Leo Macedo. The transaction took place on April 19, 2021. The property spans 1.1 acres and consists of 150 units, resulting in a price per unit of $90,000 and a price per acre of $12,272,727.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $13,500,000
• Date: 04/19/2021
• Address: 1601 79th St Causeway, North Bay Village
• Buyer: Andy Ansin
• Seller: Leo Macedo
• Brokers: Samuel Heskiel - @SammyBluEyes and Marilina Apfelbaum - @MarilinaMiami
• Units: 150
• Price per Unit: $90,000
• Acres: 1.1
• Price per Acre: $12,272,727

Samuel Heskiel from @SammyBluEyes and Marilina Apfelbaum from @MarilinaMiami represented the buyer and seller respectively in this transaction involving the development site located in North Bay Village.