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Miami Central

173 NE 1st Street + 100 N Miami Avenue, Miami, FL

Downtown central1 slider Miami Central

Submarket: Downtown Miami
Property Type: Retail/Development Site
Sold Price: $25,375,000
Represented: Both buyer and seller

Problem: Miami Central consists of retail , siting on large land parcels, which allow for massive future development.

Process: We negotiated the retail leases, so in five years all tenants would have kick – out clauses.

Outcome: Allowed sites to continue generating revenue, while entitling them for future development.

Date Sold: 12/22/2021
Building Size: 50,197 sqf
Lot Size: 28,750 sqf

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Urban Core Division
48 E Flagler Street, Unit 2
Miami, FL 33131

+1 (786) 486-4391

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