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Elias Esber Acquires Key Biscayne Development Site For $8.5M

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SOLD
$8,500,000

Florida

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Development Site15,000 SF
Sold 07/01/2020
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SOLD

Elias Esber Acquires Key Biscayne Development Site For $8.5M

630 South Mashta Drive, Key Biscayne, FL 33149, USA

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Development Site15,000 SF
Sold 07/01/2020
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$566
Total Square Footage:15,000 SF
Transaction Type:Sale

A development site located at 630 South Mashta Drive in Key Biscayne has been sold for $8,500,000. Spanning 15,000 square feet, the property offers a buildable square footage (BSF) of 15,000 and a price per buildable square foot (PPBSF) of $566.

Summary of transaction details

  • Property Type: Development site
  • Transaction Amount: $8,500,000
  • Address: 630 South Mashta Drive, Key Biscayne
  • Market: Key Biscayne
  • BSF: 15,000
  • PPBSF: $566

Elias Esber has acquired the property from Oceana Key Biscayne Corp, represented by Morella Rincon. The transaction was facilitated by Jessica Juliao of Cervera Real Estate.

Players

3 deals$22.6M volume
BROKER

Details

SOLD
IMAGE: Jessica Juliao DATE: 07/01/2020 ADDRESS: 630 South Mashta Drive MARKET: Key Biscayne ASSET TYPE: Development site PRICE: $8,500,000 BSF: 15,000 PPBSF: $566 BUYER: Elias Esber SELLER: Oceana Key Biscayne Corp - Morella Rincon BROKER: Jessica Juliao - Cervera Real Estate

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