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Carpe Real Estate Partners Acquires Development Site In Wynwood, Miami For $27M

Property Image
SOLD
$27,000,000

Florida

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Development Site54,100 SF
Sold 12/15/2021
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Property Image
SOLD

Carpe Real Estate Partners Acquires Development Site In Wynwood, Miami For $27M

95 Northwest 29th Street, Miami, FL 33127

See Similar Deals
Development Site54,100 SF
Sold 12/15/2021
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$499
Total Square Footage:54,100 SF
Transaction Type:Sale

A development site in Wynwood, Miami has been sold for a total price of $27,000,000. The property, located at 95 NW 29th St, encompasses a total of 54,100 square feet. The sale price per square foot amounts to $499, while the price per buildable square foot is estimated to be $62. The transaction took place on December 15, 2021.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $27,000,000
  • Built Square Feet (BSF): 432,800
  • Price per Buildable Square Foot (PPBSF): $62
  • Square Feet (SF): 54,100
  • Price per Square Foot (PPSF): $499

The buyer of the property is Carpe Real Estate Partners, represented by Erik Rutter and David Weitz from Carpe Real Estate Partners, as well as L&L Holding Company. On the other side of the transaction, the seller is Rubell Family Collection Realty, specifically Rubell Museum. The deal was facilitated by Stefano Santoro from Disruptive Real Estate.

Players

Stefano Santoro
Disruptive Real Estate
Stefano Santoro
28 deals$256.8M volume(732) 241-1940
BROKER
RM
Rubell Museum
SELLER

Details

SOLD
IMAGE: David Weitz, Stefano Santoro & Erik Rutter DATE: 12/15/2021 ADDRESS: 95 NW 29th St (@TheWynwoodPlaza) MARKET: Wynwood, Miami ASSET TYPE: Development Site BUYER: Carpe Real Estate Partners - Erik Rutter (@Ruttingway) & David Weitz (@DWeitzz); L&L Holding Company (@LLHoldingCo) SELLER: Rubell Family Collection Realty - Rubell Museum (@RubellMuseum) BROKER: Stefano Santoro (@StefSantoro)- Disruptive Real Estate (@DisruptiveRealEstate) SALE PRICE: $27,000,000 BSF: 432,800 ~ PPBSF: $62 SF: 54,100 ~ PPSF: $499

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