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Real Estate
251 Flagler Street Site
A 2.52 acre site located located at 251 Flagler Street in Downtown Miami is being listed for sale at $125 million.
The site was originally listed in April 2015 as Sky Plaza, but never sold.
The site, now called Flagler City Center, is approved by the FAA for a 1,010 foot tower with 2500 residential units at 4 million square feet.
100 East Flagler Building
Moishe Mana has purchased 25,600 square feet of office space at 100 East Flagler for $4.75 million, according to The Real Deal.
The office space is located on floors 2,3,8 and 9, to go also with the two story penthouse office space in the building purchased in 2016 for $1.7 million.
Mana purchased a 6,000 square foot lot in at 30 East Flagler for $4 million in June 2016.
Arch Companies has purchased property from the Sion Church of the Assemblies God located at 2511 Biscayne Boulevard, according to The Real Deal.
The purchase price was $9.7 million for the 22,400 square foot of land in Edgewater.
Arch Companies also purchased the Latin Cafe next door for $13 million in February 2016 bring the total square footage to 48,400.
The site is zoned for a 36 story building.
Nautilus South Beach on Collins Ave
The Nautilus South Beach is listed for sale and could fetch up to $180 million, according to The Real Deal.
Built in 1950 in the style of Miami Modern (MiMo), the Nautilus Hotel was designed by famed architect Morris Lapidus. In 1985, the named was changed to Riande Continental Hotel under new ownership.
The current owner, Quadrum Global, purchased the property in April 2011 for $61 million where it underwent extensive renovation and converted the name back to Nautilus Hotel.
3200 Biscayne In Edgewater
A .37 acre lot located at 3200 Biscayne has sold for $5.24 million, according to The Real Deal.
The seller is TBD Group and was purchased by Green Circle Development.
The site is zoned for a 36 story tower.
1111 Lincoln Road
A penthouse, called Skyhouse 11, atop the Herzog & de Meuron designed parking garage 1111 Lincoln Road is listed for sale at $34 million, according to The Miami Herald.
With 7,000 square feet of interior space and 18,000 square feet of outdoor space, the penthouse is being sold by developer Robert Wennett.
Wennett recently sold the 1111 Lincoln Road parking garage for $283 million in July to German investment fund Bayerische Versorgungskammer.
151 Northeast 1st Street Site
Moishe Mana has purchased a Downtown Miami parking lot located at 151 Northeast 1st Street for $9.27 million, according to The Real Deal.
The 15,000 square foot lot is located next to the Miami-Dade Commonwealth building, which sold for $9.2 million two years ago.
Mana has purchased over $350 million in Miami real estate in Downtown and Wynwood since in the past seven years.
