Major Biscayne 79 Site Sells For $23M, Paving Way For Mixed-Use Development In Miami

Avison Young’s Florida Capital Markets Group has brokered the sale of a pivotal development opportunity at 7880 Biscayne Boulevard, Miami, known as Biscayne 79. The property, spanning an impressive 3.5 acres, was formerly occupied by the Immigration and Naturalization Service. The transaction was made under the guidance of court-appointed receiver Michael Goldberg and has garnered a selling price of $23 million.

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