The property asset involved in this transaction is a development site located at 1700 Bay Drive in the Miami Beach market. The sale price for this asset was $6,183,000, with a total square footage of 3,135, leading to a price per square foot of $1,972.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,183,000
• Address: 1700 Bay Drive
• Market: Miami Beach
• Square Footage: 3,135
• Price per Square Foot: $1,972
• Buyer: Humberto Ramirez
• Seller: Jerry Padron
• Brokers: Giovanni Mancini & Mina Taskiran - Sotheby's International Realty

Giovanni Mancini and Mina Taskiran, representing the buyer and seller in this deal, emphasized their hands-on approach and dedication to driving successful outcomes for their clients. They noted the importance of diversifying listings outside traditional agent networks to foster market evolution.