Trilogy Real Estate Group Acquires Development Site In Edgewater, Wynwood Gateway Miami For $9.8M

The development site located at 2634 NE 2nd Avenue, 192 NE 27th Street, and 186 NE 27th Street in Edgewater and Wynwood Gateway Miami has been sold in a recent transaction. The property spans a total of 24,549 square feet and was sold for $9,800,000, at a price per square foot of $399. The total building square footage is 196,392, resulting in a price per building square foot of $50. The sale took place on December 21, 2021.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $9,800,000
• Square Footage: 24,549
• Price per Square Foot: $399
• Building Square Footage: 196,392
• Price per Building Square Foot: $50
• Market: Edgewater, Wynwood Gateway Miami

The buyer of the property is Trilogy Real Estate Group, while the seller is Young Koo Kim of Y&K Enterprises. Apex Capital Realty served as the buyer's representative in the deal, with Alex K. Tsoulfas and Jamie Rose Maniscalco representing Trilogy Real Estate Group. The transaction, facilitated by these key individuals and companies, highlights the successful sale of the development site in Edgewater and Wynwood Gateway Miami.