Make-A-Wish Acquires Development Site In Miami For $8M

A development site located at 350 NW 6th Street in Miami has been sold in a closed transaction. The property spans 1.6 acres and was sold for a price of $8,000,000, resulting in a price per acre (PPA) of $5,000,000. The sale took place on January 22, 2021. The buyer in this transaction was Make-A-Wish represented by Norman Wedderburn, while the sellers were Yul Laviv and Tom Post.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $8,000,000
• Address: 350 NW 6th Street, Miami
• Market: Miami

The buyer's representative in this deal was NAI Miami, and the seller's representatives were Lawrence Stockton and Jeff Resnick from Colliers International.

Jeff Resnick and Norman Wedderburn can be seen in the image associated with this transaction.