Retail Space Sells for $2.4M at The Rider Residences in Miami’s Midtown-Wynwood Corridor
Miami-based developers Rilea Group and Ciprés have closed on a $2.4 million sale for a 1,704-square-foot retail space at The Rider Residences, a 12-story, 146-unit condominium planned at 94 NE 29th Street at the intersection of Midtown and Wynwood. The sale price equates to $407 per square foot, marking the second-highest retail sale price per square foot in the area, following The Rider’s own $1.19 million sale of a 702-square-foot space at $1,700 per square foot—a record for the neighborhood.