Rani Hussami's Apex Capital Reality Closes $30M Downtown Miami Development Site Deal | 222 Northeast 1st Avenue | Rani Hussami | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

45 sqft

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

All
2

Agents
1
Agencies
1

Rani Hussami

Executive Director Broker, Commercial Advisor

$215.7M Sold

APEX Capital Realty

Details

Deal Summary

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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Address222 Northeast 1st Avenue

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