Aria Mehrabi Of Pacific Star Capital Acquires Retail & Land In Edgewater For $24M

A retail and land property located at 3600 Biscayne Boulevard & 221 Northeast 36th Street in the Edgewater market has been sold. The property spans approximately 1.2 acres and was purchased for a total of $24,000,000. It offers a total square footage of 4,889, resulting in a price per square foot of $4,909.

Summary of transaction details

• Property Type: Retail & Land
• Transaction Amount: $24,000,000
• Market: Edgewater
• Address: 3600 Biscayne Boulevard & 221 Northeast 36th Street
• Size: 1.2 acres

The buyer of the property is Aria Mehrabi, representing Pacific Star Capital. Aria Mehrabi acquired the property for a total of $24,000,000. The transaction involved a retail and land asset with a total square footage of 4,889 and a price per square foot of $4,909.