Ricardo Dunin, Juan Carlos Tassara, Eduardo Vargas & Arturo Vidal Acquire Development Site In Miami For $32.8M

The asset involved in this transaction is a development site located at 2100 North Bayshore Drive in the Miami market. The sale price is $32,800,000, with a building square footage of 26,382 and a price per square foot of $1,243. The site has a total of 952,742 buildable square feet, resulting in a price per buildable square foot of $34.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $32,800,000
• Address: 2100 North Bayshore Drive
• Market: Miami
• Building Square Footage: 26,382
• Price Per Square Foot: $1,243
• Buildable Square Feet: 952,742
• Price Per Buildable Square Foot: $34
• Residential Units Permitted: 336.68
• Units Per Acre: 555.57

The transaction involved multiple key individuals including the buyers, Ricardo Dunin, Juan Carlos Tassara, Eduardo Vargas, and Arturo Vidal, who are associated with North Development. The seller of the property was Andrea Rowe. The broker representing the seller was Still Hunter from Walker & Dunlop.