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Rani Hussami's Apex Capital Reality Closes $30M Downtown Miami Development Site Deal

Property Image
SOLD
$30,000,000

Florida

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Development Site45 SF
Sold 08/23/2022
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Property Image
SOLD

Rani Hussami's Apex Capital Reality Closes $30M Downtown Miami Development Site Deal

222 Northeast 1st Avenue

See Similar Deals
Development Site45 SF
Sold 08/23/2022
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$666,666
Total Square Footage:45 SF
Transaction Type:Sale

A development site in Downtown Miami has recently been sold for a total price of $30,000,000. The property, located at 222 NE 1st Ave & 50 - 60 NE 3rd St, covers an area of approximately 45,000 square feet. The sale price translates to a price per square foot of $667. The transaction took place on August 23, 2022.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $30,000,000
  • Address: 222 NE 1st Ave & 50 - 60 NE 3rd St
  • Market: Downtown Miami
  • Square Footage: 45,000
  • Price per Square Foot: $667

Rani Hussami, CCIM of APEX Capital Reality served as the broker for this transaction.

Players

Rani Hussami
APEX Capital Realty
Rani Hussami
6 deals$410.7M volume
BROKER

Details

SOLD
IMAGE: Rani Hussami DATE: 08/23/2022 ADDRESS: 222 NE 1st Ave & 50 - 60 NE 3rd St MARKET: Downtown Miami ASSET TYPE: Development Site BROKER: Rani Hussami, CCIM (@RaniHussamiCCIM) - APEX Capital Reality (@ApexCapitalRealty) SALE PRICE: $30,00,0000 SF: 45,000 ~ PPSF: $667

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