Richman Group to develop 11-acre site in southern Miami-Dade

Laura Kefalidis and the development site
Laura Kefalidis and the development site

The Richman Group is set to bring 204 apartments to an 11-acre site near Kendall Tamiami Executive Airport.

Richman recently purchased the site, located at at the northwest corner of Southwest 136th Street and Southwest 127th Avenue, for $7.5 million, according to the South Florida Business Journal. Coral Gables-based Tamiami Kendall Investments was the seller.

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Realty World’s Laura Kefalidis represented both the buyer and the seller in the deal.

The property last traded for $1.25 million in 1999. [South Florida Business Journal]Christopher Cameron