Apple Core Holdings Acquires Mixed-Use Property On Miami Beach For $32.5M

The mixed-use property located at 1200 Ocean Drive in Miami Beach has been sold for a total of $32,500,000. The transaction took place on December 24, 2019. The property spans a total area of 19,000 square feet, resulting in a price per square foot of $1,710.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $32,500,000
• Address: 1200 Ocean Drive
• Market: Miami Beach

The seller of the property was Infinity Real Estate, while the buyer was Apple Core Holdings represented by Steve Klein. The deal was facilitated by Aaron Labovitz from Newmark Knight Frank.