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1656-1680 Alton Road & 1677 West Avenue
SOLD

Avison Young Sells Development Site On Alton Road In Miami Beach For $39.3M

1656-1680 Alton Road & 1677 West Avenue

Development Site
60,000 SF
clock iconSold 1 year ago
Lyle Stern
Michael Fay
Michael Diaz
+ 6
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Summary

Sale
FLORIDA
Development Site
60,000 sqft

A development site located at 1656-1680 Alton Road & 1677 West Ave in Miami Beach has been sold for a total price of $39,300,000. This property asset spans a total of 60,000 square feet and has a price per square foot of $655. The transaction, which took place on 06/03/2022, involved the Koniver Stern Group representing the buyer and Avison Young representing the seller.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $39,300,000
  • Address: 1656-1680 Alton Road & 1677 West Ave, Miami Beach
  • Market: Miami Beach
  • Buyer's Rep: Noah Fox & Lyle Stern - Koniver Stern Group
  • Seller's Rep: Michael T. Fay, John K. Crotty, David Duckworth & Brian C. de la Fe - Avison Young
  • Total Square Footage: 60,000 SF
  • Price Per Square Foot: $655

The deal was led by Noah Fox and Lyle Stern from Koniver Stern Group, representing the buyer, and Michael T. Fay, John K. Crotty, David Duckworth, and Brian C. de la Fe from Avison Young, representing the seller. This transaction marks a significant sale in the Miami Beach market, showcasing the demand for development sites in the area.

Players

  • All

    12

  • Agents

    8

  • Agencies

    3

  • Lenders

    1

Lyle Stern's profile picture
Lyle Stern
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Co-Founder
$39.3M Sold
Michael Diaz's profile picture
John Crotty's profile picture
David Duckworth's profile picture
Brian de la Fe's profile picture
Noah Fox's profile picture

Details

Deal Summary
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SOLD
IMAGE: David Duckworth, Noah Fox, Lyle Stern, Brian C. de la Fe, Michael T. Fay, & John K. Crotty DATE: 06/03/2022 ADDRESS: 1656-1680 Alton Road & 1677 West Ave MARKET: Miami Beach ASSET TYPE: Development Site BUYER’S REP: Noah Fox & Lyle Stern - Koniver Stern Group (@KoniverStern) SELLER’S REP: Michael T. Fay (@MichaeltFay), John K. Crotty (@JohnkCrotty), David Duckworth & Brian C. de la Fe (@Bcdelafe) - Avison Young (@Avison_Young_Global) SALE PRICE: $39,300,000 BSF: 120,000 ~ PPBSF: $328 SF: 60,000 ~ PPSF: $655

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Address1656-1680 Alton Road & 1677 West Avenue

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