South Beach retail condos sell for $3.2 million

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A group of South Beach retail condominiums has been sold for $3.19 million, according to Marcus & Millichap’s Drew Kristol, who brokered the transaction on behalf of seller BB&T Bank. The property, which is located at the Bentley Bay on 5th Street and West Avenue, has been vacant since the Bentley Bay was built in 2004. The condos had been listed for a total of $3.58 million and have a total of 8,971 square feet. — Alexander Britell