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Fabio Faerman Closes Bulk Sale Of Miami Condo Units For $6.7 Million

Aug 12, 2015
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FA Commercial’s Fabio Faerman closed a $6.7 million bulk deal for a total of 21 units at Mint Condominium, located at 92 SW 3rd Street in Miami.

Faerman was the broker of record in the all cash transaction.

The deal represented an opportunity for the buyer to acquire a large number of units in the prime downtown building, strategically located in the epicenter of Miami’s flourishing cultural arts scene.

Situated on the eastern side of downtown Miami, Mint at Riverfront was built in 2010, designed by the renowned Revuelta Vega Leon  Architects and developed by Key International.

Mint – Press Release

Prime Development Opportunity in Biscayne Blvd.

Conveniently located on Biscayne Boulevard High Traffic Counts of 80,000+ Per Day Serves as a retail corridor Short drive to the beach Minutes away from the famous Bal Harbour Shops.

Potential Development Property Summary:

  •  Property Type:  Land
  • Lot Size:  140,697 SF
  • Dual Zoning:  BU-1A | RU-3M
  •  Area: 142,005 SQ. FT. (3.26 ACRES)
  • Commercial Office Building with 4 floors and
  • 38,000 SQ. FT.+/-
  • 3 Level parking garage with 144 cars
  • 2 Floors of apartments with appox. 42 units & about 49,000 SF of area surface parking for around 90 cars
  • Zoning is RU-3M in rear and BU-1A in front Excellent property to develop

Contact us for more information

Fabio Faerman sold over $70 Million in commercial properties in 2013 alone, servicing his clients as an advisor and consulting with a proven record to be a top member of the Platinum Circle of Excellence in the company since 2007 as well as the #1 Producer of the Year.

He is the Commercial Division VP since 2005 and the broker associate who developed a reputation of solid investment.  He advises international buyers, private funds, family funds and high net worth individuals.  His credentials include an MBA, CCIM certification & an Architecture Degree.

Broker Of The Year Award