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Eric Benaim Acquires Mixed-Use Property In Miami's Wynwood Neighborhood For $23.5 Million

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SOLD
$23,500,000

Florida

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Mixed-use51,710 SF
Sold 10/04/2024
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Property Image
SOLD

Eric Benaim Acquires Mixed-Use Property In Miami's Wynwood Neighborhood For $23.5 Million

2320 North Miami Avenue & 36-38 Northwest 24th Street

See Similar Deals
Mixed-use51,710 SF
Sold 10/04/2024
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Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$454
Total Square Footage:51,710 SF
Transaction Type:Sale

The mixed-use property located at 2320-2328 North Miami Avenue & 36-38 Northwest 24th Street in Miami has been sold for $23,500,000. This fully leased asset spans 25,855 square feet, resulting in a price per square foot of $909. The property’s zoning allows for significant development potential, accommodating up to 12 stories, highlighting its attractiveness within Miami's Wynwood neighborhood.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $23,500,000
  • Address: 2320-2328 North Miami Avenue & 36-38 Northwest 24th Street
  • Market: Miami
  • Square Footage: 25,855
  • Price Per Square Foot: $909
  • Buyer: Eric Benaim
  • Broker: Devlin Marinoff - DWNTWN Realty Advisors

Eric Benaim acquired the property with representation from Devlin Marinoff of DWNTWN Realty Advisors, who facilitated the transaction in a market that is increasingly appealing to creative industries and real estate investors.

Players

Devlin Marinoff
51 deals$833.5M volume(917) 312-2219
BROKER

Details

SOLD
IMAGE: Eric Benaim & Devlin Marinoff DATE: 10/04/2024 ADDRESS: 2320-2328 North Miami Avenue & 36-38 Northwest 24th Street MARKET: Miami ASSET TYPE: Mixed-use BUYER: Eric Benaim BROKER: Devlin Marinoff (@DevlinMarinoff) - DWNTWN Realty Advisors (@DWNTWNRealtyAdvisors) SALE PRICE: $23,500,000 SF: 25,855 ~ PPSF: $909 NOTE: DWNTWN Realty Advisors brokered the $23.5 million sale of a fully leased, mixed-use property in Miami's Wynwood neighborhood to New York investor Eric Benaim. The 25,855-square-foot property, offering significant development potential with zoning for up to 12 stories, underscores Wynwood's growing appeal as a hub for creative industries and real estate investors.

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