The Finnegan’s bar property at 401 S.W. Third Avenue has traded hands.
New York developer Meyer Chetrit’s CG Miami River bought the Finnegan’s bar property on the Miami River for $11.5 million and is planning to build a condo building at the site.
The 39,495-square-foot property was sold to Chetrit’s firm by Ocean Drive Clevelander, which is led by Anthony Karpawich.
The 10,871-square-foot bar currently includes a pool along the river.
According to Miami Today, Chetrit Group submitted plans to the Miami River Commission to build a 60-story condo development that will include 1,449 units, a marina and a hotel. [Bizjournals] — Claire Moses