The Real Deal Miami

Richman Group to develop 11-acre site in southern Miami-Dade

The firm recently paid $7.5 million for the property

September 09, 2014 12:45PM

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Laura Kefalidis and the development site

Laura Kefalidis and the development site

The Richman Group is set to bring 204 apartments to an 11-acre site near Kendall Tamiami Executive Airport.

Richman recently purchased the site, located at at the northwest corner of Southwest 136th Street and Southwest 127th Avenue, for $7.5 million, according to the South Florida Business Journal. Coral Gables-based Tamiami Kendall Investments was the seller.

Realty World’s Laura Kefalidis represented both the buyer and the seller in the deal.

The property last traded for $1.25 million in 1999. [South Florida Business Journal]Christopher Cameron

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