Colliers International South Florida broker Mitash Kripalani in Miami. Courtesy Photo
Over an acre of land in a prime location in Miami's booming Edgewater neighborhood has sold for $13.65 million.
DLC Capital Management, a Miami family office, bought the 1.17-acre site on the northeast corner of Northeast 29th Street and Fourth Avenue from AR Edgewater Investments LLC.
Colliers International South Florida director of investment services Mitash Kripalani, executive managing director of investment services Gerard Yetming, financial analyst Julian Zuniga and associate Virgilio Fernandez, all based in Miami, marketed the property and closed the sale May 20.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
