Alexander Degwitz Acquires Development Site In Upper Eastside, Miami For $1.25M

A development site located at 652 NE 83 Ln in the Upper Eastside of Miami was recently sold in a transaction. The property, which is a development site, was purchased by Alexander Degwitz from Kristopher Rodriguez. The sale took place on January 29, 2021, for a price of $1,250,000. The property has a buildable square footage (BSF) of 9,300 and the price per buildable square footage (PPBSF) was calculated to be $134.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,250,000
• Buildable Square Footage: 9,300
• Price Per Buildable Square Footage: $134
• Buyer: Alexander Degwitz
• Seller: Kristopher Rodriguez

It is worth noting that the property had previously been purchased in November of 2014 for $175,000. This recent sale represents a significant increase in value over a period of several years.