Paul Chavez And Mauricio Chavez Acquire Development Site In Miami Beach For $5.3M From Elad Sharon

This development site located at 235 North Shore Drive in Miami Beach features a total square footage of 11,237 and was sold for a transaction amount of $5,300,000, resulting in a price per square foot of $471.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $5,300,000
• Address: 235 North Shore Drive
• Market: Miami Beach
• Square Footage: 11,237
• Price Per Square Foot: $471
• Buyer: Paul Chavez & Mauricio Chavez
• Seller: Elad Sharon
• Brokers: Giovanni Mancini & Mina Taskiran - ONE Sotheby's International Realty

Giovanni Mancini and Mina Taskiran successfully facilitated the sale of another waterfront property in Miami Beach, having listed the development site and placing it under contract in less than 90 days. Note-worthy is another development opportunity available for sale at 5215 Biscayne Blvd, which includes 14k lot land with evolved plans and permits for a turnkey development of 10 luxury townhomes. The team manages development sites in key locations across Miami.