facebook
Traded Co logo
Submit

Bobby Julien Of The Kolter Group Acquires Development Site From Alejandro Silberman For $15M

Property Image
SOLD
$15,000,000

Florida

See Similar Deals
Development Site140,697 SF
Sold 10/29/2025
the dealplayerscompscontact
Property Image
SOLD

Bobby Julien Of The Kolter Group Acquires Development Site From Alejandro Silberman For $15M

11240 Biscayne Boulevard

See Similar Deals
Development Site140,697 SF
Sold 10/29/2025
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$106
Total Square Footage:140,697 SF
Transaction Type:Sale

11240 Biscayne Boulevard is a 3.23-acre fully entitled multifamily development site located in the Miami market. The transaction was recorded at a sale price of $15,000,000, offering a total square footage of 140,697, which translates to a price per square foot of $106.

Summary of transation details:

  • Property Type: Development Site
  • Transaction Amount: $15,000,000
  • Address: 11240 Biscayne Boulevard
  • Market: Miami
  • Buyer: Bobby Julien - The Kolter Group
  • Seller: Alejandro Silberman - Bianca Investments
  • Brokers: Julian Zuniga & Gerard Yetming - Colliers
  • Square Feet: 140,697
  • Price per Square Foot: $106

Colliers represented both the seller and buyer, successfully structuring the transaction to close upon full project approvals. The Kolter Group is set to develop Alton Biscayne, which will include 336 luxury rental residences in a 12-story building, with groundbreaking anticipated in November.

Players

Julian Zuniga
16 deals$102M volume(786) 547-0153
BROKER

Gerard Yetming
Colliers
17 deals$125.5M volume(305) 342-5059
BROKER

Colliers
BROKERAGE

Bobby Julien
9 deals$572.1M volume
BUYER

Details

SOLD
IMAGE: Julian Zuniga & Gerard Yetming DATE: 10/29/2025 ADDRESS: 11240 Biscayne Boulevard MARKET: Miami ASSET TYPE: Development Site BUYER: Bobby Julien - The Kolter Group (@KolterHomes) SELLER: Alejandro Silberman - Bianca Investments BROKERS: Julian Zuniga (@Zuniga346) & Gerard Yetming (@GerardYetming) - Colliers (@ColliersInternational) SALE PRICE: $15,000,000 SF: 140,697 ~ PPSF: $106 NOTE FROM BROKER: Colliers is pleased to announce the sale of 11240 Biscayne Boulevard, a 3.23-acre fully entitled multifamily development site in Miami’s Biscayne Shores market. Our team represented both the seller and buyer, achieving a successful transaction structured to close upon full project approvals. Alton Biscayne, being developed by The Kolter Group, will feature 336 luxury rental residences across a 12-story building, with groundbreaking expected in November. Julian Zuniga [email protected]

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83