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Orchard Holding Invest Group Sells Development Site In Miami For $6.2M With Buyer's Rep Alex Cesar - CBRE

20 Northeast 41st Street
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This Development Site property located in FL was sold for $6,200,000 over 1 year ago. The brokers of the deal were Alex Cesar, Tony Arellano, and Devlin Marinoff

The development site located at 20 NE 41st St in Miami has been sold for a price of $6,200,000. The property spans a total of 3,163 square feet, equating to a price per square foot of $1,960. The buyer's representative in the deal was Alex Cesar from CBRE, while Tony Arellano and Devlin Marinoff from DWNTWN Realty Advisors, LLC represented the seller, Orchard Holding Invest Group.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $6,200,000
  • Square Footage: 3,163
  • Price per Square Foot: $1,960
  • Buyer's Representative: Alex Cesar - CBRE
  • Seller's Representatives: Tony Arellano & Devlin Marinoff - DWNTWN Realty Advisors, LLC

The sale of this development site in Miami was facilitated by a team of experienced real estate professionals. Alex Cesar from CBRE acted as the representative for the buyer, ensuring their interests were protected throughout the transaction. On the other side, Tony Arellano and Devlin Marinoff from DWNTWN Realty Advisors, LLC served as the seller's representatives, working diligently to secure a successful deal for Orchard Holding Invest Group.

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Deals
  • Location
    20 Northeast 41st Street20 Northeast 41st Street
  • Sale Price
    $6,200,000$6,200,000
    $1,960 PPSF$1,960 PPSF
  • Area
    3,163 SF3,163 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Devlin Marinoff

Devlin Marinoff

Deals29
Sold$390.4M

Alex Cesar

Alex Cesar

Deals3
Sold$6.2M

Agencies

CBRE

CBRE

Agency
Deals4230
Volume$184.3B

DWNTWN Realty Advisors

DWNTWN Realty Advisors

Agency
Deals99
Volume$924.7M

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Deal Summary

SALE IMAGE: Alex Cesar, Tony Arellano & Devlin Marinoff DATE: 07/12/2022 ADDRESS: 20 NE 41st St MARKET: Miami ASSET TYPE: Development Site SELLER: Orchard Holding Invest Group BUYER'S REP: Alex Cesar - CBRE SELLER'S REP: Tony Arellano & Devlin Marinoff - DWNTWN Realty Advisors, LLC SALE PRICE: $6,200,000 BSF: 5,250 ~ PPBSF: $1,181 SF: 3,163 ~ PPSF: $1,960

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20 Northeast 41st Street

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