MG Developer Acquires Development Site In Hialeah For $8.9M

955 East 25th Street, Hialeah, FL 33013, USA

$8,856,000

$38/SF

Building Size

232,750 SF

Asset Type

Development Site

Closing

Jun 21, 2020

AI

The development site located at 955 E 25th Street in Hialeah has been sold for $8,856,000. The property consists of 306 apartment units and 27,500 retail square feet. The sale took place on June 21, 2021.

Summary of transation details

Property Type: Development Site (306 Apt Units & 27,500 Retail SF)
Transaction Amount: $8,856,000
Address: 955 E 25th Street, Hialeah
Market: Hialeah

The buyer of the property is MG Developer, while the seller is Pointe Companies and JDM Realty Group. David Egozi from JDM Realty Group represented the seller in this transaction.

The property has a building square footage of 232,750, and the price per square foot (PPSF) is $38.

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