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Florida East Coast Realty Sells Brickell Waterfront Development Site For Record $363 Million In Mega-Deal

April 22, 2022

Florida East Coast Realty has sold a 2.5 acre prime waterfront development site in Brickell in a mega-deal for a record $363 million. The transaction breaks the previous record set when the former Miami Herald site in Downtown Miami sold for $236 million. The buyer paid roughly $145 million per acre, $3,340 PSF dirt value, for the site which is located at 1201 Brickell Bay Drive.

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In Acquisitions, Brickell, Closed, Commercial, Development, Development News, Development Sites, News, News & Features, Traded Tags Florida East Coast Realty, Genting Group, Randall Davis, Tibor Hollo, Brickell, Development, Development News, Development Sites, Traded, Closed, Commercial, Acquisitions, 1201 Brickell Bay Drive, April 2022, featured, Featured
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