In a landmark Miami Design District commercial real estate sale, DWNTWN Realty Advisors successfully brokered a $14 million transaction at 70 NE 40th Street. This case study explores how DWNTWN’s expertise in luxury retail property transactions led to a successful outcome, representing both the buyer and seller in this prime Miami location.
Miami Design District Commercial Real Estate Sale: Project Overview
- Location: 70 NE 40th Street, Miami Design District, Florida
- Transaction Value: $14 million
- Zoning/Category: Commercial/Luxury Retail
- Buyer: Craig Robins
- Seller: ASG Equities (Gindi Family)
- Property Size: 4,500 SF
- Lot Size: 5,000 SF
- Occupancy: 100%
- Zoning: T5-O (High-Density Mixed-Use Zoning)