Beatriz Pernia Acquires Development Site In Miami For $1.05M

The property involved in the transaction is a Development Site located at 651 Northeast 75th Street in Miami. The asset spans 8,125 square feet, with a sale price of $1,050,000. This translates to a price per square foot of $129. The building's BSF is 4,454, resulting in a price per BSF of $236.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,050,000
• Buyer: Beatriz Pernia
• Seller: Mike Zikri
• Brokers: Alon Elbaz, Shlomo Poston & Yaacov Poston - The Real Estate Lab

The Real Estate Lab, represented by Alon Elbaz, Shlomo Poston, and Yaacov Poston, facilitated the sale of the Development Site. Beatriz Pernia acquired the property from the seller, Mike Zikri. The deal, which closed on June 14, 2024, exemplifies a significant transaction in the Miami market.