The transaction involved a development site located at 9950 East Bay Harbor Drive in the Bay Harbor Islands market, with a sale price of $3,150,000. The site comprises 4 units and spans a total of 9,750 square feet, leading to a price per unit of $787,500 and a price per square foot of $323.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,150,000
• Units: 4
• Price Per Unit: $787,500
• Square Feet: 9,750
• Price Per Square Foot: $323
• Seller's Representatives: Moshe Kamhaji & Alyssa Brody - Development Marketing Team
• Date of Transaction: 01/03/2025
• Market: Bay Harbor Islands

The sale was facilitated by the Development Marketing Team, represented by Moshe Kamhaji and Alyssa Brody. The property was sold off-market within a period of 50 days, marking a record sale in terms of price per square foot for a development site in Bay Harbor. Interested parties seeking off-market development opportunities in Bay Harbor or elsewhere in Miami can contact Moshe Kamhaji at 646-628-7951 or Alyssa Brody at 347-821-6220.