Univision sells Miramar site to BBX and CC Homes

Buyer paid $2.2M per acre

Miami /
Jan.January 02, 2020 09:45 AM
Jim Carr and Bruce Park (Credit: Google Maps)

Jim Carr and Bruce Park (Credit: Google Maps)

Univision Communications sold a large development site in Miramar to a company tied to BBX Capital and CC Homes.

Property records show CCB Miramar LLC paid $39 million — or $2.2 million per acre — for the 17.7-acre site at 17500 Southwest 41st Street. The company is controlled by executives from both firms, including Jim Carr of CC Homes and Bruce Parker of BBX Capital.

CCB Miramar also closed on a $14 million loan from Synovus Bank. The property is near Sunset Falls, a GL Homes community of roughly 500 single-family residences.

Univision affiliate HBC Florida Inc. paid $3 million for the land in 1996.

BBX and CC Homes have done joint ventures together in the past. In 2014, they partnered to develop a 394-home community called Bonterra in Hialeah, and sold the last house in that development in 2017, according to BBX’s website. The master-planned neighborhood also includes apartment buildings developed by the joint venture.

And the N.W. 41st street deal isn’t the only big trade in the area of late. Earlier this month, a trust tied to Sunbeam television station billionaire Edmund Ansin sold properties in Miramar to an affiliate of Florida Crystals, where it plans to build an apartment project.

FCI Residential purchased the 28.7-acre site off of Flamingo Road in three separate transactions for $29 million, or about $1 million per acre.


Related Articles

arrow_forward_ios
Brookfield Property Group CEO Brian Kingston and  a rendering of 15800 Southwest 25th Street (Brookfield, Rendering courtesy of Newmark)
Brookfield buys Comcast-leased Miramar building for $29M
Brookfield buys Comcast-leased Miramar building for $29M
PulteGroup's Brent Bake a rendering of the site in Avenir
Pulte buys site at Avenir in Palm Beach Gardens, plans 390-home development
Pulte buys site at Avenir in Palm Beach Gardens, plans 390-home development
Frank Mendez with Patricio Cordero (inset) and the property (Linkedin, Google Maps)
Pinecrest homeowners fight lien from celebrity builder they allege was running a kickback scheme
Pinecrest homeowners fight lien from celebrity builder they allege was running a kickback scheme
Donald R. Horton and a map of the development site (D.R. Horton)
D.R. Horton advances 211-unit townhouse project in Pembroke Pines
D.R. Horton advances 211-unit townhouse project in Pembroke Pines
Toll Brothers CEO Doug Yearley Jr. (Toll Brothers)
Toll Brothers launches sales at new luxury community in Davie
Toll Brothers launches sales at new luxury community in Davie
Lennar's Stuart Miller, Rick Beckwitt  with the site (Google Maps; Lennar)
Lennar pays $8M for South Miami-Dade housing community site
Lennar pays $8M for South Miami-Dade housing community site
D.R. Horton CEO David Auld and the Reserve at Jupiter site 
D.R. Horton pays $14M for land in Jupiter and Florida City for two housing projects
D.R. Horton pays $14M for land in Jupiter and Florida City for two housing projects
Jim Carr and Armando Codina with renderings of the homes (CC Homes)
CC Homes pays $12M for Southwest Ranches land for single-family community
CC Homes pays $12M for Southwest Ranches land for single-family community
arrow_forward_ios

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

Loading...