First American Bank Acquires Mixed-Use Property In Little Havana For $4.5M

A mixed-use property located at 23-49 Beacom Blvd in Little Havana, Miami, has been sold in an off-market transaction for $4,500,000. The property consists of a 28,113 square-foot lot with 16,514 square feet of leasable space. The sale was facilitated by John - Paul Piedra and William Colas of Kerdyk Real Estate, representing both the buyer, First American Bank, and the seller, Vivian Tuchman.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $4,500,000
• Square Footage: 28,113
• Price per Square Foot: $160
• Address: 23-49 Beacom Blvd, Little Havana, Miami, FL 33135
• Market: Little Havana

The buyer, First American Bank, plans to relocate its existing branch in Little Havana to this new property. According to John - Paul Piedra, broker from Kerdyk Real Estate, this sale showcases the importance of considering off-market opportunities that align with the client's vision and executing the transaction effectively.