Friday, October 4, 2013

Colliers Broker Jay Ziv has a Finger on the Pulse of Land Sales in South Miami-Dade, FL



MIAMI, FL -- Marketable land in south Miami-Dade County is scarce, but substantial parcels have changed hands in the last two years, due in large part to the expertise of Jay Ziv, CCIM, Senior Vice President and Partner with Colliers International South Florida.

 Since 2011 he has closed more than $11 million in land deals on both commercial and agricultural parcels, some of which are being held for future development.

  
Jay Ziv
Ziv has worked with local, national and international buyers who have paid from $12,000 to $50,000 per acre. "Every transaction has a story behind it - sometimes a foreclosure, sometimes not, but there's always a story," said Ziv. "Until recently, most deals were all cash, but some parcels are now selling with financing. A few lenders will provide mortgages on agricultural land provided the price point and certain ratios meet strict criteria."
  
Ziv, who is deeply familiar with the area's complex environmental and zoning restrictions, cautions that "much of the land in South Dade is not what it seems." 

He has handled parcels from a few acres in size up to the 390-acre farm that he sold, which is the southern-most usable parcel in Miami-Dade. In every case, buyers and sellers have benefited from the experience and trust he has developed over the last 28 years, and his awareness of the area's social and economic climate.
  
Currently Ziv is marketing several sites in Florida City, including a 38-acre RV Park and two separate parcels under 10 acres for future development that sit near the last Florida Turnpike exit before the Florida Keys. "A purchaser with vision will capture a potential treasure," Ziv predicts.   

For a complete copy of the company’s news release, please contact:

Crystal Proenza
Vice President of Marketing
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138
 

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