Sunbeam Television completes $57M waterfront assemblage in North Bay Village
Seller planned to build mixed-use condo tower on the property
Sunbeam Television Corp., owned by the billionaire Ansin family, completed a waterfront assemblage of more than 6 acres in North Bay Village.
Sunbeam, led by president and CEO Andy Ansin, most recently paid $13.5 million for the former Trio on the Bay restaurant site at 1601 79th Street, according to the brokers involved in the deal, Samuel Heskiel and Marilina Apfelbaum.
Heskiel and Apfelbaum, who run Beachfront Realty’s commercial division, were also involved in Sunbeam’s $14 million purchase of 2 waterfront acres at 1555 North Bay Causeway in February. Last month, Sunbeam also paid $29 million for the waterfront property at 1415 Northeast 79th Street. For years, Sunbeam and other neighbors vehemently opposed plans to develop a commercial project with a strip club on that property.
All told, Sunbeam paid $56.5 million this year for the waterfront land, which is adjacent to WSVN-Channel 7’s building. Sunbeam owns the TV station and has long owned that property. The assemblage is on the north side of the 79th Street Causeway.
In the most recent deal, property records show Brick Village 79 LLC, led by Brazilian developer Leo Macedo, sold the two parcels totaling just over an acre. The deal closed on Monday. Macedo planned to build a 22-story, 75-unit mixed-use condo tower on the property, but never developed the site.
Sunbeam was founded in 1962 by Sidney Ansin and his son, billionaire Edmund Ansin, who died last year. Edmund Ansin’s sons, Andrew and James, took over the company.
North Bay Village, which is east of the mainland and west of Normandy Isle, has seen some sales activity in recent years. In late 2019, Latvian investors bought Shoppes at the Lexi on the ground floor of Lexi Condominiums for $7 million.