Lot owner Genting Malaysia is left holding the bag.
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Susan Gale with Gale Group International at ONE Sotheby’s International Realty represented both sides of the transaction.
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The project features a multi-tenant retail building, 100,000 square feet of self-storage and a car wash outparcel.
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Businesses and residential projects continue to flock to newly energized Coral Gables.
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It is slated to be completed in March 2025.
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The property is set for completion by the second quarter of 2025.
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The home at 531 NE 52nd St. is one of Limestone Asset Management’s first two spec homes.
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Designed by and developed by Philippe Harari’s Aquablue Group with architectural collaboration by Choeff Levy Fischman.
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Brightland FTL Owner, LLC is an affiliate of OceanLand Investments, Inc, a real estate investment firm.
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The property is located in one of the area’s most coveted neighborhoods; completion for the bespoke residences is slated for Q1 2024.
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Florida East Coast Realty negotiated the transaction, which a dental office purchased.
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The Indigo Collection features 11 floorplans with prices starting at $528,990.
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