The sale of the Miami Seaquarium officially closed, but the price remains a mystery.
California-based Palace Entertainment, the subsidiary of a Spanish theme park operator, announced on Tuesday that it completed the acquisition of the Virginia Key attraction. Palace did not disclose the purchase price. Miami-Dade County has not recorded the transaction.
The seller is Wometco Enterprises. Palace and Wometco were in talks for more than two years before reaching a deal. The Seaquarium leases the 38-acre site from the county on a deal that runs through 2031.
Palace did not indicate what changes it plans to make at the Seaquarium, according to the Miami Herald. Miami-Dade commissioners must approve the sale. [Miami Herald] — Eric Kalis