Daniella Levine Cava Of Miami-Dade County Purchases 7.4-Acre Land Near Miami International Airport For $54M

A 7.4-acre land parcel located at 2301 Northwest 33rd Avenue in the Miami market was sold for $54,000,000. The transaction involved the sale of a site near Miami International Airport, which was previously acquired by the seller for $32.19 million in 2022 without any development on it. This land acquisition is intended to support Miami International Airport's $9 billion expansion plan, aligning with the county's ongoing strategy for airport growth.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $54,000,000
• Buyer: Daniella Levine Cava - Miami-Dade County
• Seller: Lissette Calderon - Neology Life Development Group
• Parcel Size: 7.4 acres
• Address: 2301 Northwest 33rd Avenue
• Market: Miami

Neology Life Development Group facilitated the transaction, indicating a strategic realignment of their assets following the acquisition. The deal emphasizes the important role of land use in supporting key infrastructure developments by local government entities.