A fractured condominium property in growing Doral sold for $37.25 million.

New York-based value-add residential investor Axonic Properties LLC bought Valencia at Doral from Bay Harbor Islands-based private equity real estate investor Transcendent Investment Management.

The fractured condominium Valencia at Doral is comprised of 170 units out of a total of 310. The gated community is at the intersection of Northwest 102nd Avenue and 41st  Street. The address is 10000 NW 45th Terrace.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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.

Multifamily
Southeast