The Estate Companies Acquires Development Site In North Miami Beach For $13.1M

The Estate Companies, led by Robert Suris and Jeff Ardizon, have acquired a development site located at 16395 Biscayne Boulevard in North Miami Beach. The property spans approximately 1.8 acres and was sold by Keystone Holdings, represented by Mike Mouriz, Reinaldo Mouriz, and Enrique Puig. The transaction took place on December 14, 2020, with a sale price of $13,100,000. The price per acre for this development site amounts to $7,277,778.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $13,100,000
• Address: 16395 Biscayne Boulevard
• Market: North Miami Beach
• Buyer: The Estate Companies - Robert Suris & Jeff Ardizon
• Seller: Keystone Holdings - Mike Mouriz, Reinaldo Mouriz & Enrique Puig
• Acres: 1.8
• Price per Acre (PPA): $7,277,778

The acquisition was led by The Estate Companies, represented by Robert Suris and Jeff Ardizon, while Keystone Holdings, represented by Mike Mouriz, Reinaldo Mouriz, and Enrique Puig, acted as the sellers. The transaction marked an important milestone for both parties involved.