New York-based Carpe Real Estate Partners pays $14M for Wynwood site

Goltens Miami sold the 1.65-acre site, which could be developed into 600,000 sf project

Miami /
Mar.March 16, 2018 02:30 PM

2335 North Miami Avenue

New York-based Carpe Real Estate Partners just paid $14 million for a development site in Wynwood.

David Weitz and Erik Rutter of Carpe bought the 1.65-acre site at 2335 North Miami Avenue from Goltens Miami, a marine engine repair company. It hit the market unpriced in November. Land away from Second Avenue was trading for $225 per square foot to $275 per square foot, which would equate to at least $16 million for the Goltens site.

Mika Mattingly, Noa Figari and Cecilia Estevez of Colliers International South Florida represented the seller. Daniel Lombardi of Lombardi Properties represented the buyer, according to a press release.

Mattingly said she received five offers for the property and that the all-cash deal closed in five days.

The site is zoned T-6-8 and T-5, which means it can be developed into 12 and eight stories, and between 400,000 square feet and 600,000 square feet. It includes a 35,000-square-foot warehouse with a private cul de sac entrance, which Carpe plans to adapt.

Goltens, which owned and operated the site for at least 35 years, is relocating to Miramar.

The property is in southeast section of Wynwood, a block away from East End Capital’s Wynwood Arcade, an adaptive reuse project that is home to the Salty Donut.  – Katherine Kallergis


Related Articles

arrow_forward_ios
Miami Mayor Francis Suarez and Commissioner Joe Carollo (Getty)
Controversial Virginia Key homeless camp plan put on hold
Controversial Virginia Key homeless camp plan put on hold
Rendering of 830 Brickell office tower; Cushman & Wakefield's Brian Gale, JLL's Manny De Zárraga, Avison Young's Donna Abood, Dwntwn Realty Advisors' Tony Arellano and Stephen Rutchik. (Credit: OKO Group and Cain International, JLL, CW, Dwntwn Realty Advisors, Cushman & Wakefield, Avison Young, Getty, 830 Brickell)
Meet the commercial brokers making bank in Miami
Meet the commercial brokers making bank in Miami
Brick & Timber's Jesse Feldman and Glenn Gilmore, Tricera Capital's Ben Mandell, and Lndmrk Development's Alex Karakhanian with Cube Wynwd (Brick & Timber, LinkedIn, Tricera, Lndmrk Development, Getty Images)
Brick & Timber to buy Cube Wynwd office building for $60M
Brick & Timber to buy Cube Wynwd office building for $60M
From left: One Flagler in West Palm Beach, 830 Brickell in Brickell, and Eighteen Sunset in Miami Beach (Getty, Related Southeast, LoopNet, Koniver Stern Group)
Spurred by new-to-market firms, South Florida office rents hit record highs
Spurred by new-to-market firms, South Florida office rents hit record highs
From left: Fisher Brothers' Arnold and Kenneth Fisher with The Wynhouse
“Forced and contrived”: Fisher Brothers’ Wynwood rental project strikes out with Miami board
“Forced and contrived”: Fisher Brothers’ Wynwood rental project strikes out with Miami board
The Comras Company's Michael Comras with 6901 Biscayne Boulevard (Getty, The Comras Company, iStock)
Up in smoke? Comras loses bid to open medical marijuana dispensary
Up in smoke? Comras loses bid to open medical marijuana dispensary
Michael Comras and Marc Roberts with Google Street View of the properties at 60 Northeast 11th Street, 6901 Biscayne Boulevard, 2222 Northwest Fifth Avenue and 172 West Flagler Street all in Miami (Google Maps, University of Miami)
Miami the medical pot mecca? Michael Comras, Marc Roberts seek to open dispensaries
Miami the medical pot mecca? Michael Comras, Marc Roberts seek to open dispensaries
R & B Realty’s Shelby Rosenberg and The Gateway at Wynwood (R & B Realty Group, iStock)
Lease roundup: The Gateway at Wynwood scores three new tenants
Lease roundup: The Gateway at Wynwood scores three new tenants
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...