FinanceMiami Refinances Mixed-Use Property On Lenox Avenue In Miami Beach For $2.8M

The mixed-use property located at 1611-1615 Lenox Avenue in Miami Beach has recently undergone a refinancing transaction. With a total square footage of 16,500, this property offers a versatile space for multiple uses.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,800,000
• Address: 1611-1615 Lenox Avenue, Miami Beach
• Market: Miami Beach
• Lender: FinanceMiami
• Landlord: Real Properties Lenox – Eduardo Pelaez
• Broker: Emile Schachter - FinanceMiami
• Loan Type: Refinance

FinanceMiami served as the lender in this transaction, providing a loan amount of $2,800,000. The landlord, Real Properties Lenox represented by Eduardo Pelaez, successfully secured the refinancing for the property. Emile Schachter from FinanceMiami acted as the broker, assisting in the refinancing process.