AMLI Residential Acquires Development Site In Miami For $30.5M

3001 Northeast 1st Avenue, Miami, FL 33137

$30,500,000

$379/SF

Building Size

80,365 SF

Asset Type

Development Site

Closing

Nov 23, 2021

AI

AML Residential has acquired a development site in Miami for $30,500,000. The property is located at 3001 Northeast First Avenue and spans approximately 1.84 acres. The transaction took place on 11/23/2021.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $30,500,000
Address: 3001 Northeast First Avenue
Market: Miami
Acres: 1.84

The seller of the property was Midtown Development, represented by Alex Vadia. AMLI Residential's representative in the deal was Gregory Mutz. The transaction was facilitated by Robert Given of Cushman & Wakefield acting as the broker.

Players