Omni CRA Acquires Development Site At 41 Northwest 20th Street For $5.795M

The property involved in this transaction is a development site located at 41 Northwest 20th Street in the Miami market. The sale price was $5,795,000, with a building square footage of 4,797 and a price per square foot of $1,208. The lot size is 15,600 square feet, translating to a price per lot square foot of $371.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $5,795,000
• Building Square Footage: 4,797
• Price Per Square Foot: $1,208
• Lot Size: 15,600
• Price Per Lot Square Foot: $371
• Buyer: Omni CRA
• Seller: Doug Levine
• Buyer's Representative: Alejandro Snyder & Michael Williams - CURRENT RE Advisors
• Seller's Representative: Jonathan Eismann - Gridline Properties
• Date of Transaction: 09/20/2024

This transaction featured key representatives in the real estate sector. Alejandro Snyder and Michael Williams represented the buyer, Omni CRA, through CURRENT RE Advisors, while Jonathan Eismann represented the seller, Doug Levine, with Gridline Properties.