Showing posts with label Marcus and Millichap - Miami Beach 8-24-12. Show all posts
Showing posts with label Marcus and Millichap - Miami Beach 8-24-12. Show all posts

Friday, August 24, 2012

Newly Redeveloped South Beach, FL BankUnited on the Market at $8.48 Million




 MIAMI, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has secured the exclusive listing for a 4,900-square foot, newly redeveloped BankUnited branch (top left photo) situated on a 15,000-square foot parcel in Miami Beach, Florida. The listing price is $8,475,000.

Senior Associates Scott Sandelin (middle right photo) and Ronnie Issenberg (lower left photo) in the firm’s Miami office are representing the seller, a limited liability company from Miami Beach.

 “This is a particularly attractive listing as BankUnited recently invested more than $2.5 million in improvements including two drive-through lanes and the bank is located adjacent to Lincoln Road and the Miami Beach Convention Center,” says Sandelin.

BankUnited is located at 1695 Alton Road, at the signalized intersection of Alton Road (the main north/south retail corridor) and 17th Street (the main east/west transportation route) on South Beach.

Contact:

Ashley Steele
Fort Lauderdale Office
954-245-3400