Valeria Seminara Purchases Development Site In North Miami From Aron Herczl For $710,000

The asset involved in the transaction is a development site located at 450 Northeast 136th Street in North Miami. The property was sold for $710,000, encompassing a total area of 25,740 square feet, resulting in a price per square foot of $27.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $710,000
• Buyer: Valeria Seminara
• Seller: Aron Herczl
• Broker: Jamie Rose Maniscalco - The Alpha Commercial

The transaction reflects the continued interest in land deals despite market challenges. Jamie Rose Maniscalco's insights highlight the demand for infill sites and the potential for development in the current market climate, indicating opportunities for those holding land or seeking ready-to-build sites.