Marcus & Millichap announced the sale of Miami Ave Metro Station Development, a 24,187-square-foot parcel of land located in Miami, according to Scott Lunine, Regional Manager of the firm’s Miami office.
The lot sold for $12,928,000.
Arthur D. Porosoff and Ryan T. Shaw, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a private investor, was secured and represented by Shaw and Porosoff.
Miami Ave Metro Station Development is located at 34 SW 1st Street in Miami.
