Potamkin Companies Acquires Retail Property In Miami Beach For $10.4M

The retail property located at 1695 Alton Rd in Miami Beach has been sold for a price of $10,400,000. The property spans approximately 15,000 square feet, resulting in a price per square foot of $693. The transaction took place on February 3, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $10,400,000

Potamkin Companies acquired the property, with their representative Marc Chasin from Urban Central Realty Advisors acting on their behalf. On the other side, Rich Tallman from La Playa Properties represented the seller.