Miami Design District Retail Property Sells For $4,596 PSF
The 5,875-square-foot building, constructed in 2014 on a 5,000-square-foot lot, previously sold for $21.5 million in 2016, reflecting a solid gain in value.
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The 5,875-square-foot building, constructed in 2014 on a 5,000-square-foot lot, previously sold for $21.5 million in 2016, reflecting a solid gain in value.
Miami city commissioners are scheduled to vote on a deal that would allow PAMM to continue running the billboard in exchange for at least $500,000 in annual payments to the city and compliance with new restrictions on brightness and operating hours. If approved, the agreement would end a long-standing legal dispute and preserve the high-profile sign.
The Expo serves as a platform to tackle global questions about sustainability, resilience, inclusion, and innovation at a time when cities are grappling with climate change, rapid technological shifts, and evolving demographics.
While a rate cut would reduce borrowing costs and may jumpstart some transactions, industry professionals caution that it’s just one component of a complex financial equation.
Located at 1034 SW 2nd Ave in the heart of Miami’s Brickell neighborhood, Domus Brickell Center will rise 35 stories and will deliver 579 residences.
All 266 units have been purchased, despite the building not being scheduled for completion until 2028.
The joint venture intends to transform the existing condo building located in South Beach into a luxury residential tower overlooking Biscayne Bay.
The proposal calls for 975 residential units, 528 hotel rooms across two towers, 107,000 square feet of retail and 2,490 parking spaces.
HueHub’s early phase will prioritize those serving the community. The 3,000 reserved units will be offered to teachers, nurses, police officers, and firefighters, with fixed pricing guaranteed for 10 years.
For now, however, the mood is cautious. Developers who expected a seamless run of rent growth and cheap financing are recalibrating — or cashing out.
Ven-American Real Estate, Inc. established in 1991, is a full service commercial and residential real estate firm offering brokerage and property management services.
Ven-American Real Estate, Inc.
2401 SW 145th Avenue, Ste 407
Miramar, FL 33027
Brokerage & Property Management Services
Phone: 305-858-1188
