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Downtown Miami Burdines Site | SOLD PRICE: $46,000,000

  • Closed Price: 46M
  • “Burdines” site in Downtown Miami Florida, a 2.2-acre block at 16 Southeast Second Street, from Wharton Equity Partners and Cross Lake Partners to buyers Enrique Manhard and his partners
  • The four parcels sold for nearly $500 per square foot. They’re zoned T6-80, which means an 80-story building could be built on the property with more than 2,100 units and a mix of uses, including residential, hotel, retail, and office.