GC3 Development Acquires Mixed-use Property In Miami For $15.5M

The mixed-use property located at 7621 SW 87th Ave in Miami has been sold for a price of $15,500,000. The property spans across 217,791 square feet with a price per square foot of $71.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $15,500,000
• Address: 7621 SW 87th Ave
• Market: Miami
• Seller's Representative: Christian Rodriguez

The developer involved in this transaction is Michael Garcia-Carrillo from GC3 Development. The property sale also includes development plans for a total of 120,000 square feet, scheduled to break ground in Q1 of 2023. The plans consist of 40,000 square feet of Class A medical offices and an 80,000 square feet state-of-the-art ALF facility. The property has been successfully re-zoned and fully entitled, with Behar & Font maximizing the architectural design to deliver a one-of-a-kind product in the heart of Miami.

For leasing inquiries, interested parties can reach out to Christian Rodriguez at 786-972-0558.