Carlos Marcelin Acquires Retail Asset At 50 Biscayne Boulevard Miami For $4.95M

The retail asset located at 50 Biscayne Boulevard in Miami was sold for $4,950,000. This property encompasses a total area of 7,531 square feet, resulting in a price per square foot of $657.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,950,000
• Address: 50 Biscayne Boulevard
• Market: Miami
• Buyer: Carlos Marcelin
• Seller: Eyal Peretz - Fuse Group
• Buyer's Representative: Javier Colberg - New Age Properties
• Seller's Representatives: Jordan Gimelstein, David Spitz & Nick Wax - Inhouse Commercial
• Square Footage: 7,531
• Price per Square Foot: $657

The transaction involved Carlos Marcelin as the buyer and Eyal Peretz representing the Fuse Group as the seller. The deal was facilitated by Javier Colberg from New Age Properties on behalf of the buyer, while the seller was represented by a team from Inhouse Commercial including Jordan Gimelstein, David Spitz, and Nick Wax.