MIAMI—Another developer is making a Miami land grab. Late last week a Skyline Equities Realty sold its rights for a proposed luxury condo development in Mary Brickell Village to Lynd Development and LNR Property. Now, a private owner has sold off a 17.1-axre parcel in Miami’s Kendall/Tamiami submarket.
Located at 14350 Southwest 137th Avenue, the land traded for $6.9 million. The land is zoned for the development of up to 195 townhome units. The sales price is equal to $403,355 per acre or $35,385 per unit before construction.
Continental Real Estate Cos.' senior vice president Peter Mekras, along with senior associate Liran Friedman, represented the seller in the transaction. The property is located in close proximity to the Florida Turnpike, ZooMiami, Baptist Hospital, major retailers, and Tamiami Executive Airport.
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