BF Group Acquires Development Site In Coral Gables For $4.17M

An $4,170,000 development site located at 4601 Le Jeune Road in Coral Gables has been sold. The property, with a market value of $222 per square foot, spans a total of 18,748 square feet.

Summary of Transaction Details:

• Property Type: Development site
• Transaction Amount: $4,170,000

The seller of the property is Gables Residential, while the buyer is BF Group, represented by Jose Boschetti and Luis Boschetti. The transaction was facilitated by Maurice Boschetti of BH Realty.