A development site located at 867 SW 1st St in the Little Havana market has been sold for a price of $2,500,000. The site has a building square footage (BSF) of 101,542, resulting in a price per BSF of $25. The total area of the site is 15,866 square feet, which translates to a price per square foot (PPSF) of $158.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,500,000
• BSF: 101,542
• PPBSF: $25
• SF: 15,866
• PPSF: $158
• Date: 05/25/2022
• Address: 867 SW 1st St
• Market: Little Havana

The buyer of the property was Mike Mallory, while the seller was Maurice Egozi. Giovanni Bertolotti, representing Fausto Commercial, served as the buyer's representative. Alessandro Lima, Carlos Fausto Miranda, and Mauricio Villasuso, also from Fausto Commercial, acted as the seller's representatives in the transaction.