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Arnaldo Fernandez Of AVF Specialties Corp Purchases Development Site From Alvarez Family For $1.03M

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SOLD
$1,030,000

Florida

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Development Site7,150 SF
Sold 01/17/2025
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Property Image
SOLD

Arnaldo Fernandez Of AVF Specialties Corp Purchases Development Site From Alvarez Family For $1.03M

559 Nw 34 St

See Similar Deals
Development Site7,150 SF
Sold 01/17/2025
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$144
Total Square Footage:7,150 SF
Transaction Type:Sale

The development site located at 559 Northwest 34th Street in Miami was sold for $1,030,000. The site has a total size of 7,150 square feet, translating to a price per square foot of $144. The transaction represents a significant event in the Miami real estate market.

Summary of transaction details:

Robin Perez and Vicente Rodriguez of Fausto Commercial Realty Consultants successfully represented both the seller, the Alvarez Family, and the buyer, Arnaldo Fernandez. The sellers had previously encountered multiple contracts that fell through before concluding this sale, while the buyer identified a distinct development opportunity through this transaction.

Players

Vicente Rodriguez
16 deals$63.5M volume(305) 510-6627
BROKER

Robin Perez
Fausto Commercial Realty Consultants
7 deals$10.6M volume(786) 261-5393
BROKER

Details

SOLD
IMAGE: Robin Perez & Vicente Rodriguez DATE: 01/17/2025 ADDRESS: 559 Northwest 34th Street MARKET: Miami ASSET TYPE: Development Site BUYER: Arnaldo Fernandez - AVF Specialties Corp SELLER: Alvarez Family BROKER: Robin Perez (@_RobinPerez) & Vicente Rodriguez - Fausto Commercial Realty Consultants (@FaustoCommercial) SALE PRICE: $1,030,000 SF: 7,150 ~ PPSF: $144 NOTE FROM BROKER: Fausto Commercial is honored to have been able to help both the Seller and Buyer on this transaction. Sellers had dealt with multiple contracts falling through before coming to us, and the buyer found an exceptional development opportunity. Contact Robin Perez (786) 261-5393 or Vicente Rodriguez (305) 510-6627 for more exclusive Multifamily inventory and Land development.

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