2150 Park Avenue in Miami Beach (Source: Google) A 20-unit apartment building in Miami Beach sold for $4.8 million, or $240,000 per apartment, despite the building’s limited cash flow and substantial maintenance needs. The 60-year-old rental property at 2150 Park Avenue, which includes a 7,500-square-foot lot, is located across from
Tag: commercial real estate
1680 Meridian Avenue and Michael Schwartz Michael Schwartz is grabbing a slice of Meridian Center. The chef’s popular Harry’s Pizzeria just signed a lease to open a new eatery at the building, just off Lincoln Road in Miami Beach, The Real Deal has learned. The pizzeria will occupy 2,500 square
Renderings and photos of the warehouse and broker Carlos Fausto Miranda The owner of a popular Miami Beach restaurant is looking to sell a development site in Allapattah for $21 million. A company led by Tonino Doino, who owns Rosinella Italian Trattoria on Lincoln Road, is listing the 80,000-square-foot property
1610 Collins Avenue Blue Road, a Miami development company led by principals Jorge Savloff and Marcelo Tenenbaum, just announced the re-opening of the historic Berkeley Hotel in Miami Beach. The Argentine investors spent a total of about $43 million on major renovations, construction and land purchases, according to a release.
7251 Collins Avenue, Miami Beach After winning a $3 million contract to build a new home for a non-profit senior center in Miami Beach, Plaza Construction Group Florida’s predecessor company installed a defective air conditioning and heating ventilation system that led to a leaky roof and other problems, according to
Rendering of Biscayne Marine Parnters’ planned development Miami voters may still get the chance to decide on a major redevelopment plan for two public marinas on Virginia Key. Over the weekend, Miami Mayor Tomas Regalado told the Miami Herald he intends to call for a special meeting of the city
Ocean Drive in Miami Beach Ocean Drive hotels and cafés are fighting back against a Miami Beach referendum that could potentially prevent outdoor venues on the touristy strip from selling alcohol after 2 a.m. Mango’s Tropical Cafe and 13 other Ocean Drive businesses recently filed suit in Miami-Dade Circuit Court, alleging
VIDEO: Earlier #flooding along 47th st. in #MiamiBeach. pic.twitter.com/JIa9wx0G5e — Miami Beach Alerts (@BeachNewsAlerts) August 2, 2017 The tail end of Tropical Depression Emily brought severe flooding to Miami and Miami Beach on Tuesday, filling streets, shutting down businesses and even forcing the Miami-Dade County Courthouse Center to
545 Northeast 125th Street A development site at 545 Northeast 125th Street in downtown North Miami, which can be redeveloped as apartments, just hit the market for $5.9 million. Zoning for nearly 67,000-square-foot property allows 160,000 square feet of apartments, or about 154 units, according to a release from Douglas Elliman.