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The Real Deal Miami

Moishe Mana buys waterfront spec home

Wynwood and downtown Miami investor also owns CRE in North Miami Beach
By Katherine Kallergis | January 04, 2018 01:49PM

Moishe Mana and 3205 Northeast 167th Street (Credit: Facebook)

Developer Moishe Mana just picked up a waterfront spec home North Miami Beach’s Eastern Shores neighborhood, property records show.

Mana’s 3205 Mana Casa LLC paid $5.9 million for the seven-bedroom, 6,500-square-foot home at 3205 Northeast 167th Street. The seller is 3205 Eastern Shores, an affiliate of Emuna Construction.

Records show Emuna filed a notice of commencement for a new single-family home in April. The property last sold in 2014 for $1.6 million.

Emuna’s Gabriel Benhayon, the project manager, and Mana could not immediately be reached for comment.

Mana, who also owns homes on the Venetian Islands and Hibiscus Island, has amassed more than 40 acres in Wynwood, with more than 10 million square feet of development rights. He has also acquired more than 45 properties in the Flagler Street area of downtown Miami, with the potential to develop another 10 million-square-foot project.