A one-of-a-kind, combined three unit “Sky Mansion” condo at Continuum South Beach in Miami Beach’s exclusive South-of-Fifth neighborhood has sold for $30 million. Unit 3602-04 in Continuum South was listed on the market just 52 days before selling for a record price per square foot in the building at roughly $3,645 PSF.
Read MoreSam Nazarian's New Dining And Delivery Platform C3 Hospitality Inks Lease For 10K SF In CocoWalk
Hospitality mogul Sam Nazarian’s new dining and delivery platform C3 Hospitality is coming to Coconut Grove after inking a lease at CocoWalk. The innovative dining hospitality platform will occupy 10,000 SF at CocoWalk, located at 3015 Grand Avenue in Coconut Grove, and is expected to open in 2022.
Read MoreHome Of Miami Heat AmericanAirlines Arena Renamed FTX Arena Following 19-Year $135 Million Naming Rights Deal
AmericanAirlines Arena, home of the NBA’s Miami Heat in Downtown Miami’s Park West neighborhood, has officially been renamed the FTX Arena. The American Airlines signage has now been removed following the Heat’s Round 1 playoff loss to the Milwaukee Bucks.
Read MoreDRA Advisors And Banyan Street Capital Sell Pinnacle Corporate Park In Fort Lauderdale For $58.875 Million To Crowdfunding Buyer
A fund managed by DRA Advisors LLC in a joint venture with Banyan Street Capital has sold the Pinnacle Corporate Park in Fort Lauderdale for $58,875,000 to Feldman Equities. The deal was the St. Petersburg, FL-based Feldman Equities first acquisition in South Florida.
Read MorePROFILE Insider: The Crypto Revolution Versus The Evolution Of Blockchain In Real Estate Part 1
When it comes to understanding cryptocurrency and blockchain, nearly the entire world is in the dark. Bitcoin was first released in 2009, and although over the past decade both became more mainstream, the crypto and blockchain worlds are still in their infancy.
Read MoreE11EVEN Hotel & Residences The First Pre-Construction Development To Accept Cryptocurrency For Condo Deposits
Miami really is becoming the Crypto City as E11EVEN Hotel & Residences has become the first development to accept cryptocurrency for condominium deposits in pre-construction projects. E11EVEN Hotel & Residences is under development by PMG and E11EVEN Partners.
Read MoreBlack Lion Investment Group Acquires Bayfront Amara at Paraiso Property For $12.1 Million From Related Group
The Los Angeles-based Black Lion Investment Group has acquired the trophy waterfront restaurant building Amara at Paraiso, located at 3101 NE 7th Ave., from Related Group. The deal was overseen by Fabio Faerman and Sebastian Faerman of FA Commercial with Fortune International Group,
Read MoreThe Collection Breaks Ground On Jaguar Land Rover Dealership Expansion In Coral Gables
Ugo Colombo and Ken Gorin are expanding THE COLLECTION with the addition of a new Jaguar Land Rover dealership at the intersection of U.S. 1 and Ponce de Leon Blvd. in Coral Gables. The luxury car dealership broke ground on the new building after locking down a $64.5 million construction loan.
Read MorePROFILEmiami And Master Brokers Forum (MBF) Launch Partnership For Cross-Promotional Collaboration
The Miami Master Brokers Forum (MBF), a network of elite real estate professionals, and PROFILEmiami, a leader in South Florida residential and commercial real estate news, events and content, have launched a unique cross-promotional collaboration designed to raise awareness and business development opportunities for the two organizations.
Read MoreCardone Capital Acquires The Harbour Centre at Aventura Office Complex For $93 Million
Cardone Capital, led by 10X founder Grant Cardone, has acquired the Harbour Centre at Aventura office complex for $93 million. The property will be renamed The 10X Center. Harbour Centre at Aventura spans 217,056 SF and was 90% leased at the time of sale with tenants including UBS and IberiaBank.
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