AMAC & Daniel Neary Acquire Retail Property In Miami Beach For $32.5M

Located at 1800 Alton Road in Miami Beach, this retail property was recently sold in a closed transaction. The sale was facilitated by Jordan Gimelstein and David Spitz of The Koniver Stern Group.

Summary of transaction details:

• Property Type: Retail
• Sale Price: $32,500,000
• Square Footage: 31,840
• Price per Square Foot: $1,021
• Date: January 26, 2022
• Market: Miami Beach

The buyer in this transaction was AMAC and Daniel Neary, while the seller was Saber 1800 Alton, LLC. The retail property spans a total of 31,840 square feet, with a sale price of $32,500,000, resulting in a price per square foot of $1,021.

Representing the buyer and seller respectively, Jordan Gimelstein and David Spitz, of The Koniver Stern Group, played key roles in completing this transaction.