The Real Deal Miami

Beacon Hill sells $43M in properties

Most expensive property sold for $18.1M

February 11, 2015 09:45AM

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500 South Pointe Drive and 1620 Alton Road

500 South Pointe Drive and 1620 Alton Road

A Coral Gables-based real estate firm has sold more than $43 million in retail properties over two months.

Beacon Hill Property Group announced Tuesday in its market report that it sold six properties since December.

The properties range in price from $560,000 to $18 million and are spread among Miami Beach, Coral Gables and Miami, according to the report.

The real estate company was also involved in the $14 million sale of 3444 Main Highway in Coconut Grove, according to the report.

Beacon Hill’s most expensive sale over the last two months was at 500 South Pointe Drive, with 30,016-square-feet selling for $606 per square foot — an $18 million sale — in January.

On the opposite end is 1620 Alton Road, which sold for $101 per square foot — a total of nearly $560,000. — Sean Stewart-Muniz

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