Urban Core Capital LLC Acquires Development Site In Miami River District For $2.7M

Located in the Miami River District / Riverside area, this development site at 631 NW 10th Ave has recently been sold in a closed transaction. The asset type is a development site, offering potential for future construction and growth. The transaction took place on 05/04/2022.

Summary of transaction details:

• Property Type: Development Site
• Address: 631 NW 10th Ave
• Market: Miami River District / Riverside

The buyer of the property is Babba Joshua Yesharim, representing Urban Core Capital LLC. The seller is Ana Perriero. The brokers involved in this deal are Francisco Rodriguez Melo and Ray Borr from Cedano Realty Advisors, along with John Lonardo from ComReal.

The asking price for the site was $3,150,000, but it was sold for $2,725,000. The building size is approximately 132,000 square feet, resulting in a price per square foot of $21.