The Real Deal Miami

Former bank in Fort Lauderdale sells in one day

New owners co-founded local Greek restaurant
By Sean Stewart-Muniz | July 31, 2015 04:30PM

The former Bank United in Fort Lauderdale

The former BankUnited in Fort Lauderdale

A former BankUnited building in Fort Lauderdale was sold in an off-market deal for $3.9 million. The sale, Realtor Dan Teixeira says, closed in only one day.

BankUnited occupied the entire first floor of the two-story building at 3400 Northeast 34th Street. The ownership, a company titled 34th Street Associates, paid $1.632 million for the property in 2004. The company is managed by Lawrence Rosen and Samuel Shapiro.

Last year, BankUnited moved out of its 6,000-square-foot space. Though the building had not been formally put up for sale, Teixeira, of Douglas Elliman, found a buyer interested in the property and closed the sale that same day.

The buyer is listed as a company named 3400 Investment Property. It is managed by Gus Leontarakis and Sophia Mylona, the co-owners of local Greek restaurant Tasos Greek Taverna.

“This unique office building on Galt Ocean is ready for a new bank located on the barrier island,” Teixeira said in a statement. “I am currently receiving letters of intent from some major banks. With all the new construction on the beach, it is prime location for a bank to move right in.”