Ivan And Maurice Kaufman's AMAC Acquires Retail Property In Miami Beach For $32.5M

The retail property located at 1824 Alton Road in Miami Beach has been sold for a total price of $32,500,000. The transaction took place on 12/27/2021 and involved a total of 110,000 square feet of space. The price per square foot for this sale was $295.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $32,500,000
• Square Footage: 110,000
• Price Per Square Foot: $295
• Address: 1824 Alton Road, Miami Beach
• Bought by: Ivan and Maurice Kaufman - AMAC
• Sold by: Michael Klinger - Saber Real Estate Advisors
• Brokers involved: Jordan Gimelstein & David Spitz - Koniver Stern Group

The buyers, Ivan and Maurice Kaufman from AMAC, acquired the property from the seller, Michael Klinger who represented Saber Real Estate Advisors. The deal was facilitated by brokers Jordan Gimelstein and David Spitz from Koniver Stern Group.