An investment opportunity has recently closed in Allapattah. A development site located at 2479 NW 36th St has been successfully sold for a price of $9,500,000. The property spans over 3.3 acres and boasts a building size of approximately 715,000 square feet. The sale price per square foot stands at $13, indicating a potentially lucrative investment. This transaction presents an exciting prospect for developers and investors looking to capitalize on the growth and potential of Allapattah's real estate market.

Summary of transaction details:

• Property Type: Development Site
• Sale Price: $9,500,000
• Address: 2479 NW 36th St
• Market: Allapattah
• Building Size: 715,000 square feet (BSF)
• Price per Square Foot (PPSF): $13
• Land Area: 3.3 acres
• Price per Acre (PPA): $2,878,788

Facilitating this successful transaction were brokers Agustin Duarte from REMAX 360 and Cesar Carasa from One Stop Realty. Their expertise and professional representation played a crucial role in bringing together the parties involved and ensuring a smooth and efficient deal.