Landmark $125 Million Waterfront Purchase Closes In Downtown Miami

CWV Realty Group has negotiated the purchase of a 1.25-acre parcel on the Miami River at $125 million, representing eminent Argentine investors.
The record-breaking sale at 300 Biscayne Boulevard Way exceeds any market comparisons currently available, according to a press release.
The coveted land possesses views of Brickell and downtown Miami with a unique capacity to dock boats directly from the waterfront.
CWV Realty Group advised the buyers for two years through multiple investment projects leading up to the purchase of the Biscayne lot.
 

“Our mission revolves around our clients and is based on professional relationships and trust we develop with our clientele. This purchase is a landmark not only for CWV as an agency but speaks volumes of the current state of recovery of the real estate market in the South Floridaregion,” said Maria E. Alvarez, Real Estate Agent at CWV Realty Group. “Communication pre-, during and post-transaction was essential to the work with our client and we were focused on providing individualized solutions and counsel to our client.”

With headquarters in Miami, CWV Realty Group specializes in Latin American markets with expertise in Argentina. To accommodate their client base in Argentina, CWV has agents in both countries that fully understand the real estate procedures and cultural differences of each market.  Once a small part of the Miami real estate market, developers and investors from Argentina have been integral in the development of the South Florida real estate market.  CWV’s expertise in Argentina has put them at the forefront of full-service real estate agencies catering to this important market.
Over the past two years, the company has sold more than $200 million and continues to work with a wide network of developers on several projects in the Miami area from pre-construction development to existing inventory sales and property management.
 

“We are seeing a shift of focus towards clientele whose interest lie in development projects. The Miami market has reemerged as a lucrative investment market,” said Octavio Rinaldi, CEO at CWV Realty Group. “At CWV, we have the unique capacity not only to sell units, but to manage individual properties post-sale so our clients can rely on us from the start to finish of projects.”

 

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