Chris Clementi Purchases Retail Property At 503-533 SW 12th Avenue Miami For $8.85M

The asset involved in the transaction is a retail property located at 503-533 SW 12th Avenue in Miami. The sale was concluded for a price of $8,850,000, covering a total square footage of 26,648 and resulting in a price per square foot of $332.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,850,000
• Square Footage: 26,648
• Price per Square Foot: $332
• Buyer: Chris Clementi
• Brokers: Jonathan De La Rosa & Eduardo Toledo - Marcus & Millichap
• Lender: Frank De Ona - Ocean Bank

Jonathan De La Rosa and Eduardo Toledo represented the buyer, Chris Clementi, in this retail property transaction. Frank De Ona from Ocean Bank facilitated the financing for the deal.