Lucky Texan LLC Acquires Retail Property On Ocean Drive In Miami Beach For $30.85M

A retail property located at 728 Ocean Drive in Miami Beach has been sold for a total price of $30,850,000. The property spans 10,062 square feet, resulting in a price per square foot of $3,066. The transaction took place on January 2, 2022.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,850,000
• Address: 728 Ocean Drive, Miami Beach
• Market: Miami Beach
• Buyer: Lucky Texan LLC, Sikka Investments LLC & Sikka Investments LLC - Shirin Daredia & Barkat Daredia
• Seller: Steven Kassin - Infinity Real Estate

The buyer of the property is Lucky Texan LLC, Sikka Investments LLC, and Sikka Investments LLC, represented by Shirin Daredia and Barkat Daredia. On the other hand, the seller is Steven Kassin from Infinity Real Estate.