Ancor Group Acquires Two Residential Land Sites In South Miami For $2,550,000

The transaction involves two residential land sites located at 1507 Southwest 19th Terrace and 7628 Southwest 59th Court, situated in the Miami and South Miami markets. The sale price for the properties is recorded at $2,550,000. Ancor Group, represented by Miguel Antoni, acquired these prime land assets with the intention to develop two luxury single-family residences, planned to be approximately 4,000 and 5,000 square feet in size.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $2,550,000
• Buyer: Ancor Group - Miguel Antoni
• Broker: Ruben Chamorro - Douglas Elliman
• Address: 1507 Southwest 19th Terrace & 7628 Southwest 59th Court
• Market: Miami & South Miami

Ruben Chamorro from Douglas Elliman facilitated the transaction by exclusively representing both the buyer, Ancor Group, and the seller. This transaction was notably distinguished by the South Miami acquisition being completed as an exclusive off-market deal in a highly sought-after area, showcasing Chamorro’s expertise in strategic advisory and negotiation. These acquisitions are indicative of strong market relations and unique access to opportunities typically not available through standard channels.