Midtown Miami Site Sold For $26.4M

3055 North Miami Avenue Site

3055 North Miami Avenue Site

A 4.6 acre site in Midtown Miami located at 3055 North Miami Avenue has sold for $26.4 million to Midtown Opportunities, according to The Real Deal.

The site was supposed to be the location of a Walmart when purchased back in 2014, but drew protests from the community.

A tower up to 36 stories is allowed by zoning for the site.