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

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.