State Farm Sells Building for $1.35M

MIAMI-State Farm Mutual Automobile Insurance Co. Inc. has sold a local State Farm Operations Building to Alan Roscoe for $1.35 million.

The price of the 10,000-sf office/operating building was $135 per sf. The property, on the market for 30 days, sold for a little less than the $1.4 million asking price. Roscoe plans to relocate his law firm to the building, which was built in 1984 for State Farm.

The building is located at 15055 S.W. 122nd Ave., just off Southwest 152nd Street and two blocks west of Florida’s Turnpike. The property sits on a 69,309-sf lot and includes 99 parking spaces.