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Mathieu Massa Acquires Miami Beach Development Site For $13.5M

427 22nd Street & 2206 Park Avenue
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This Development Site property located in FL was sold for $13,500,000 about 2 years ago. The broker of the deal was Susan Gale

A development site located at 427 22nd Street & 2206 Park Avenue in Miami Beach has been sold for a total price of $13,500,000. The property spans a total area of 17,040 square feet and is classified as a development site.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $13,500,000
  • Address: 427 22nd Street & 2206 Park Avenue, Miami Beach
  • Market: Miami Beach

The buyer of the property is Mathieu Massa, while the seller is Enrique Colmenares. The transaction was facilitated by Susan Gale from One Sotheby’s International Realty. City National Bank of Florida provided the lending for the deal. The price per square foot for the property is approximately $792.

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Deals
  • Location
    427 22nd Street, Miami Beach, Florida 33139, United States427 22nd Street, Miami Beach, Florida 33139, United States
  • Sale Price
    $13,500,000$13,500,000
    $792 PPSF$792 PPSF
  • Area
    17,040 SF17,040 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Broker, 1 Agency, 1 Lender1 Broker, 1 Agency, 1 Lender

Agent

Susan Gale

Susan Gale

Deals7
Sold$144.9M

Agency

Sotheby's International Realty

Sotheby's International Realty

Agency
Deals1411
Volume$12.5B

City National Bank of Florida

City National Bank of Florida

Lender
Deals15
Volume$ 25.1B

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Deal Summary

SALE IMAGE: Susan Gale & Mathieu Massa DATE: 02/23/2022 ADDRESS: 427 22nd Street & 2206 Park Avenue MARKET: Miami Beach ASSET TYPE: Development Site BUYER: Mathieu Massa SELLER: Enrique Colmenares BROKER: Susan Gale (@SusanGaleGroup) - One Sotheby’s International Realty (@OneSIR) LENDER: City National Bank of Florida SALE PRICE: $13,500,000 BSF: 17,040 ~ PPBSF: $792

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427 22nd Street & 2206 Park Avenue

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