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David Deshe's Vero Water Acquires Development Site On North Bay Road In Miami Beach For $8.5M

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SOLD
$8,500,000

Florida

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Development Site18,180 SF
Sold 07/06/2020
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Property Image
SOLD

David Deshe's Vero Water Acquires Development Site On North Bay Road In Miami Beach For $8.5M

4350 North Bay Road, Miami Beach, FL, USA

See Similar Deals
Development Site18,180 SF
Sold 07/06/2020
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$467
Total Square Footage:18,180 SF
Transaction Type:Sale

A development site located at 4350 North Bay Road in Miami Beach has been sold in a recent transaction. The property, situated in a prime location, offers a total area of 18,180 square feet of buildable space. The sale price for this development site was $8,500,000, resulting in a price per buildable square foot of $468. The transaction took place on 07/06/2020.

Summary of transation details

  • Property Type: Development site
  • Transaction Amount: $8,500,000
  • Buildable Square Footage: 18,180
  • Price per Buildable Square Foot: $468
  • Address: 4350 North Bay Road, Miami Beach
  • Date: 07/06/2020

The buyer of the property is David Deshe, representing Vero Water. The sellers are Petra and Stephen Levin. The deal was facilitated by Jill Hertzberg from Coldwell Banker, who acted as the broker in the transaction.

Players

Jill Hertzberg
90 deals$2.4B volume
BROKER

BUYER

2 deals$50.5M volume
SELLER

Details

SOLD
IMAGE: David Deshe, Stephen Levin, Petra Levin & Jill Hertzberg DATE: 07/06/2020 ADDRESS: 4350 North Bay Road MARKET: Miami Beach ASSET TYPE: Development site PRICE: $8,500,000 BSF: 18,180 PPBSF: $468 BUYER: David Deshe - Vero Water SELLER: Petra & Stephen Levin BROKER: Jill Hertzberg - Coldwell Banker

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