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Teddy Sagi, Jorge Pérez, And Jon Paul Pérez Acquire North Miami Development Site For $11.03M

2305 Northeast 123rd Street
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This Development Site property located in FL was sold for $11,030,000 over 2 years ago. The brokers of the deal were Brian de la Fe, David Duckworth, Berkley Bloodworth, Michael Fay, and John Crotty

A development site in North Miami has been sold for $11,030,000. The property, located at 2305 NE 123rd Street, spans 46,424 square feet and has a price per square foot of $238. The buyer of the site is Teddy Sagi, Jorge Pérez, and Jon Paul Pérez, while the seller is Mario Murgado. The deal was facilitated by brokers Michael T. Fay, Brian C. de la Fé, John K. Crotty, David Duckworth, and Berkley Bloodworth from Avison Young.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $11,030,000
  • Address: 2305 NE 123rd Street, North Miami
  • Market: North Miami

Teddy Sagi, Jorge Pérez, and Jon Paul Pérez were the buyers of the development site, while Mario Murgado was the seller. Avison Young represented both parties in the transaction, with brokers Michael T. Fay, Brian C. de la Fé, John K. Crotty, David Duckworth, and Berkley Bloodworth overseeing the deal.

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Deals
  • Location
    2305 Northeast 123rd Street, North Miami, FL, USA2305 Northeast 123rd Street, North Miami, FL, USA
  • Sale Price
    $11,030,000$11,030,000
    $237 PPSF$237 PPSF
  • Area
    46,424 SF46,424 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Michael Fay

Michael Fay

Deals38
Sold$1.1B

John Crotty

John Crotty

Deals39
Sold$1.1B

David Duckworth

David Duckworth

Deals34
Sold$826.7M

Brian de la Fe

Brian de la Fe

Deals34
Sold$930.4M

Agency

Avison Young

Avison Young

Agency
Deals808
Volume$17B

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Deal Summary

SALE IMAGE: Brian C. de la Fé, John K. Crotty, David Duckworth, Berkley Bloodworth & Michael T. Fay DATE: 11/29/2021 ADDRESS: 2305 NE 123rd Street MARKET: North Miami ASSET TYPE: Development Site BUYER: Teddy Sagi, Jorge Pérez & Jon Paul Pérez SELLER: Mario Murgado BROKERS: Michael T. Fay (@MichaeltFay), Brian C. de la Fé (@BcDelafe), John K. Crotty (@JohnkCrotty), David Duckworth, Berkley Bloodworth - Avison Young SALE PRICE: $11,030,000 BSF: 150,000 ~ PPBSF: $74 SF: 46,424 ~ PPSF: $238

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2305 Northeast 123rd Street

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