A development site located at 770 Lake Road in Bay Point Estates, Miami has been sold in a closed transaction. The property spans a total of 12,740 square feet, with a sale price of $8,950,000. The price per square foot amounts to $703. The sale was facilitated by Tomas Hoffmann from EXP Realty LLC, representing the buyer, and Julianna Castro from Compass, representing the seller.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $8,950,000
• Address: 770 Lake Road, Bay Point Estates, Miami
• Square Footage: 12,740 SF
• Price per Square Foot: $703
• Buyer's Rep: Tomas Hoffmann - EXP Realty LLC
• Seller's Rep: Julianna Castro - Compass

The sale of this development site was completed with the assistance of Tomas Hoffmann, a broker from EXP Realty LLC, representing the buyer, and Julianna Castro, a broker from Compass, representing the seller.