Iron Capital USA And Lucid Investment Group Acquire Development Site In Miami For $6.75M

A development site located at 3127 Southwest 27th Avenue in Miami has been sold for a total price of $6,750,000. The site spans 13,000 square feet, resulting in a price per square foot of $519. The property is situated in the South Florida real estate condo development market.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $6,750,000
• Address: 3127 Southwest 27th Avenue, Miami
• Market: Miami
• Square Footage: 13,000
• Price per Square Foot: $519

Iron Capital USA, a leading asset management firm with $1.5B under management, based in Sao Paolo, Brazil, has partnered with Lucid Investment Group for this venture into the South Florida real estate condo development market. Bruno Benevides represents Iron Capital USA, while Andrew Rasken represents Lucid Investment Group in this transaction.