Coconut Grove real estate investor Ricardo Carozzi just sold Bird Road Plaza, a retail center near Kendall, for $5.1 million.
A company managed by the Carozzi family sold the 17,488-square-foot property at 13353 Southwest 42nd Street for $291 per square foot, records show. The buyer is KBD 95 LLC, which is managed by Dr. Keila Hoover, a family physician in Miami.
The property was built in 1987 and sits on a 58,040-square-foot lot. The retail center’s tenants include Basic Sound and Tint, a car stereo company; and Bahamas Fish Market.
The Carozzi family bought the property in 2002 for $2.6 million, records show.
Investor interest is growing in southwest Miami-Dade County in places like Kendall, as land prices are pushing people to buy houses in the suburbs.
In 2017, Carozzi bought a boutique condo development site at 1091 Galiano Street and 44 Santillane Avenue in Coral Gables for $2.55 million.