Thought of the Week – 12-21-2016

Picture of the Week



Thought of the Week

“Lord, give me coffee to change the things I can change, and wine to accept the things I can’t.”

– Anonymous


Sale Highlight of the Week

 

Paramount Miami Worldcenter (Land)

Property Description:

11.83 acres (515286 SF) vacant land zoned T6-60A-O. SF per appraiser. Proposed as 59-story 577 unit residential tower.

Event Description:

Related sale between Miami Worldcenter Associates to Royal Palm Companies for $26,275,000, with $12,700,000 in seller-carried debt.

Details:

  • Size: 11.83 Acres
  • Sale Date: 12/13/2016
  • Sale Price: $26,275,000
  • Price per Acre: $2,221,172
  • Property Type: Apartment Land