Richard Paul Richman's The Richman Group Acquires Development Site In Miami For $23M | 690 Northwest 13th Street | Jay Ziv, Michael Fay, John Crotty, David Duckworth, Brian de la Fe | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

122,186 sqft

A development site located at 690 NW 13th St in Miami has been sold for a price of $23,000,000. The sale was completed on 09/15/2022.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $23,000,000
Address: 690 NW 13th St, Miami

The buyer in this transaction is Richard Paul Richman from The Richman Group, while the seller is Kelly Kite. The sale was facilitated by Jay Ziv, Michael T. Fay, Brian C. de la Fé, John K. Crotty, and David Duckworth from Avison Young.

The development site has a buildable square footage (BSF) of 1,270,700 and a price per buildable square footage (PPBSF) of $18. The total square footage (SF) of the site is 122,186, with a price per square footage (PPSF) of $188.

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Players

Agents
5

Agencies
1

Jay Ziv

Principal

$109M Sold

Michael Fay

Principal, Managing Director

$1.1B Sold

$1.1B Sold

$826.7M Sold

$930.4M Sold

Details

Deal Summary

SOLD

IMAGE: Jay Ziv, Brian C. de la Fé, David Duckworth, John K. Crotty & Michael T. Fay DATE: 09/15/2022 ADDRESS: 690 NW 13th St MARKET: Miami ASSET TYPE: Development Site BUYER: Richard Paul Richman - The Richman Group SELLER: Kelly Kite BROKERS: Jay Ziv, Michael T. Fay (@MichaeltFay), Brian C. de la Fé (@BCdelaFe), John K. Crotty (@JohnkCrotty) & David Duckworth - Avison Young (@Avison_Young_Global) SALE PRICE: $23,000,000 BSF: 1,270,700 ~ PPBSF: $18 SF: 122,186 ~ PPSF: $188

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Address690 Northwest 13th Street

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