Julio Torres Acquires Retail Property On Washington Avenue In Miami Beach For $8.5M With Buyer's Rep Martin Bravo & Andres Marino

Located at 1407 Washington Avenue in Miami Beach, this retail property was recently sold in a closed transaction. The property spans approximately 13,000 square feet, with a price per square foot of $654. The total sale price for the property was $8,500,000, and the building gross square footage is reported to be 12,424 with a price per gross square foot of $684.

Summary of Transaction Details

• Property Type: Retail
• Transaction Amount: $8,500,000
• Address: 1407 Washington Avenue, Miami Beach
• Market: Miami Beach

The buyer of this retail property is Julio Torres, while the seller is Frank Holder. Representing the buyer is Martin Bravo and Andres Marino, who are associated with APEX Capital Realty. On the seller's side, Mary Roman from Southern Signature Realty acted as the seller's representative.