The property involved in this transaction is an office asset located at 1680 Meridian Avenue in the Miami Beach market. It was sold for a total of $22,700,000, encompassing a total square footage of 54,903, which breaks down to a price per square foot of $413.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $22,700,000
• Address: 1680 Meridian Avenue
• Market: Miami Beach
• Square Footage: 54,903
• Price per Square Foot: $413
• Buyer: Valoro Capital
• Seller: Market Street Real Estate Partners
• Brokers: Douglas Mandel, Zach Levine & Joshua Gilbert - Marcus & Millichap

This transaction was facilitated by Douglas Mandel, Zach Levine, and Joshua Gilbert from Marcus & Millichap, who represented the buyer, Valoro Capital, as well as the seller, Market Street Real Estate Partners, in this closed deal.