Diego Ojeda Sells Mixed-Use Property At 50 NE 29th Street For $14 Million In Miami

The property asset involved in this transaction is a mixed-use development located at 50 NE 29th Street in Miami. The sale price for the asset was $14,000,000, achieving a price per square foot (PPSF) of $1,850. Notably, the property, known as Mohawk at Wynwood, is scheduled for delivery in Summer 2028.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $14,000,000
• Price Per Square Foot: $1,850
• Seller: Diego Ojeda
• Broker Representatives: Jake Lecce & Angelica Cruz - Cervera Real Estate
• Buyer's Representative: Francisco Paez - Fortune International Realty
• Payment Method: Crypto using USDT via Propy
• Notable Achievement: New national record for pre-construction retail sales

Jake Lecce and Angelica Cruz conducted in-house sales at Mohawk at Wynwood, contributing significantly to this transaction. The buyer utilized cryptocurrency, marking this as one of the largest commercial crypto deals in Miami to date.