Fortune International Group may be positioning to purchase the Marlborough House on Miami Beach for $39.9 million, according to SFBJ. 

The 13 story building was built in 1963 and sits on 43,000 square foot oceanfront land. A buyout of the 110 units would amount to $363,000 per unit. 

Fortune International Group is developing the under construction Jade Signature on Sunny Isles Beach.