South of Fifth Lot Up For Re-Sale

251 Washington Avenue

251 Washington Avenue

Two lots located at 251 Washington Avenue in the South of Fifth district of South Beach are back on the market, according to The Real Deal.

The lots were purchased last year for $8.25 million by Adam Hyatt, who planned to build a luxury boutique hotel. 

The 13,000 square foot lots are listed for $9.5 million.

Property In Edgewater Sold For $13M

The Latin Cafe in Edgewater

The Latin Cafe in Edgewater

The Latin Cafe in Edgewater has sold for $13 million, according to SFBJ.

The 25,951 feet of land, which also includes the adjoining parking lots is located at 2501 Biscayne Boulevard in the booming Edgewater district of Miami.

The Next Miami reports that the buyer is a Canadian businessman named William Weiner.

Indigo Hotel Brickell Getting Ready To Go Vertical

Indigo Hotel Brickell in West Brickell

Indigo Hotel Brickell in West Brickell

The 24 story Indigo Hotel Brickell has started construction since breaking ground in October 2015 and is set to go vertical soon. 

The Indigo hotel will have 230 rooms and is located at 145 SW 11th St. The hotel is part of the emerging and transforming West Brickell.

Riverside Tower Moving Ahead In Downtown Miami

Riverside Tower Site in Downtown Miami

In July 2015, Adler Group purchased a 1.6 acre site at 230 SW 3rd St in Downtown Miami for $14.25 million to build a rental tower called Riverside Tower.

The 34 story tower will have 463 units and is located near the Miami River. It was designed by Studio X Architects. The Riverside Tower site is located right between two lots that recently sold and is in the process of getting sold. 

Adler Group just signed a utility deal for the site, according to The Next Miami.

JHM Hotels Purchases Site In Arts & Entertainment District

JHM Hotels has purchased a site located at 511 NE 15th St for $8 million, according to The Real Deal.

The lot size of 11,700 square feet currently has a single story building, which is near the Venetian Causeway and across the street from where the Miami Herald building once stood.

The site is zoned for 36 stories with a potential to go as high as 60 stories.

New Condo At Brickell Burger King Location?

Burger King in Brickell

A new 960 foot condo could be coming to the Brickell Burger King location on SW 8th St and South Miami Avenue, according to The Next Miami

Plans for the condo were submitted to the FAA, but no developer was listed. If built, the new condo would be next to the under construction Brickell Heights, Solitair Brickell , SLS Lux and Brickell City Centre.

Melo Group's Miami River Restaurant On 3rd Floor of Construction

Construction on the Miami River

Construction on the Miami River

Construction has started on Melo Group's new Miami River restaurant complex across from Flagler on the River. The current design differs from what was originally planned on the site

The building, designed by ITEC Design, will have 19,788 square feet of space and have three levels with a SushiSamba. The new design can be seen below.