SOLD
Urban Core Capital LLC Acquires Development Site In Miami River District For $2.7M
631 Northwest 10th Avenue
Development Site
132,000 SF
132,000 SF
Summary
Sale
FLORIDA
Development Site
132,000 sqft
Located in the Miami River District / Riverside area, this development site at 631 NW 10th Ave has recently been sold in a closed transaction. The asset type is a development site, offering potential for future construction and growth. The transaction took place on 05/04/2022.
Summary of transaction details:
- Property Type: Development Site
- Address: 631 NW 10th Ave
- Market: Miami River District / Riverside
The buyer of the property is Babba Joshua Yesharim, representing Urban Core Capital LLC. The seller is Ana Perriero. The brokers involved in this deal are Francisco Rodriguez Melo and Ray Borr from Cedano Realty Advisors, along with John Lonardo from ComReal.
The asking price for the site was $3,150,000, but it was sold for $2,725,000. The building size is approximately 132,000 square feet, resulting in a price per square foot of $21.
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5
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Details
SOLD
IMAGE: John Lonardo, Babba Joshua Yesharim, Francisco Rodriguez Melo & Ray Borr
DATE: 05/04/2022
ADDRESS: 631 NW 10th Ave
MARKET: Miami River District / Riverside
ASSET TYPE: Development Site
BUYER: Babba Joshua Yesharim (@babbajoon) - Urban Core Capital LLC (@UrbanCoreDevelopment)
SELLER: Ana Perriero
BROKERS: Francisco Rodriguez Melo (@Cybmelo) & Ray Borr (@RayBorr) - Cedano Realty Advisors (@Multifamily_Florida); John Lonardo (@JohnLonardo) - ComReal (@ComRealInternational)
ASKING PRICE: $3,150,000
SALE PRICE: $2,725,000
BSF: 132,000 ~ PPBSF: $21View on map
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Address631 Northwest 10th Avenue
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