Flo Rida's Strong Arm Management Acquires Fully Occupied Retail Center In Miami Gardens For $10M

Tramar Dillard aka Flo Rida's firm, Strong Arm Management, has purchased a fully occupied retail center in Miami Gardens known as Cloverleaf Plaza. The property, located at 18230-18130 Northwest Second Avenue and 230 Northwest 183rd Street, spans 27,813 square feet and sits on 1.96 acres of land. The transaction took place on July 25, 2023.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $10,000,000
• Address: 18230-18130 Northwest Second Avenue & 230 Northwest 183rd Street
• Market: Miami Gardens
• Square Footage: 27,813
• Price Per Square Foot: $360
• Buyer: Strong Arm Management - Tramar Dillard aka Flo Rida
• Seller: G.I.A. Investments - Peter Izaak
• Lender: Taylor Made Lending LLC

The sale of Cloverleaf Plaza to Strong Arm Management marks a profitable investment for Tramar Dillard's company. They acquired the retail center for $10 million, showing a substantial gain compared to its previous sale in 1993 when it was purchased for $1.55 million. The property is fully occupied and presents considerable potential for further growth and profitability.