Macklowe Properties Acquires Development Site In North Bay Village For $47.7M | 8000-80120 East Drive | Armando Romero | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

264,000 sqft

Macklowe Properties has acquired a development site in North Bay Village for $47,700,000. The property, located at 8000-80120 East Drive, spans 132,000 square feet and was sold by Biscayne Sea Club. This transaction represents a price per square foot of $361.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $47,700,000
Date: 10/31/2023
Address: 8000-80120 East Drive
Market: North Bay Village

The deal was facilitated by Armando Romero from BrokerNation Real Estate, who represented Macklowe Properties in the acquisition.

Players

All
1

Agents
1

Armando Romero

President/ Broker

$59.5M Sold

Details

Deal Summary

SOLD

IMAGE: Armando Romero DATE: 10/31/2023 ADDRESS: 8000-80120 East Drive MARKET: North Bay Village ASSET TYPE: Development Site BUYER: Macklowe Properties SELLER: Biscayne Sea Club BROKER: Armando Romero (@The_Miami_Broker) - BrokerNation Real Estate (@BrokerNationRE) ASKING PRICE: $55,000,000 SALE PRICE: $47,700,000 SF: 132,000 ~ PPSF: $361

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Address8000-80120 East Drive

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