Brazilian Airline Owner Purchases Entire Edgewater Block… Well Almost
Oct 21, 2015 October 21, 2015
It's a block party for Brazilian investor Jose Afonso Assumpção. The owner and founder of Brazilian airline Lider Aviação has purchased the last two properties making up his own block of property for $4 million.
Assumpção has finished assembling his real estate venture in Miami via his local real estate company Miami Sunrise Properties. He began around two years ago, flipping large chunks of land in Brickell.
Since August 2014, he has purchased 2.8 acres of land in Edgewater between NE 33rd and 34th streets for an estimated $30 million. A solid chunk of that was spent on the commercial site that used to be Wendy’s at 3333 Biscayne Boulevard, which he bought for $12.5 million.
Most recently, Assumpçao purchased two properties located at 426 and 438 Northeast 34th Street for $4 million. Each has 5,500 square-feet of land, which comes out to about $360 per square-foot.
But it hasn't all been a walk in the park. Kathy Kassner, owner of 440 NE 34th street since 1996, has declined all offers for her property as the home was built by a friend of her parents. “I have declined their offer,” she said. “In my opinion, it’s irreplaceable. They probably will do a great job of building all the way around it.”
Source: therealdeal.com
Photo credit: goldenduskphotography.com
Share your thoughts with us
Your Miami Condo Awaits
Recent Posts
Real Estate News Top Tips to Find the Best Realtor in Miami
When buying or selling a property, hiring an exceptionally professional and experienced, licensed real estate agent, or even better a realtor, is of utmost importance. You want to make sure the person you’re entrusting with one of the most significant investments you can make has your best interests in mind–that means they are ethical, professional, skilled at negotiation, knowledgeable about your specific market and product, and will make it a smooth and enjoyable process for you. As this is frequently a lengthy process, you must keep in mind that you’ll be spending a lot of time with your realtor, so you’ll want to make sure you enjoy this person’s company. Also, you can find all the tools you need online to find the best Miami real estate agent, so why not take advantage of that? The only thing is, in a city of 40,000 real estate professionals, how to find a truly qualified real estate agent or realtor in Miami that will get you the results can feel like finding a needle in a...
Preconstruction December 2024: Fort Lauderdale and Palm Beach Pre-Construction Condo News Update
Two new projects launched sales this month as developers continue to take advantage of the intense demand for larger condos and branded luxury in South Florida. Both projects, the Viceroy Residences Fort Lauderdale and Berkeley Palm Beach, offer supersized residences and present excellent opportunities for those seeking luxurious living in a branded or waterfront property. Also this December, Asi Cymbal was approved to build a 37-story condo, a 30-story apartment building, and a 30-story hotel as part of its $1.5 billion Nautico district. Further, Related Group and Dezer Development got the green light to build the highly anticipated, oceanfront Rosewood Residences that will deliver unmatched luxury in Hillsboro Beach. Read on for details on the new condo projects proposed by Great Gulf and Lennar Corp., along with other info in our December 2024 pre-construction condo market round-up for Fort Lauderdale and Palm Beach: — December 2024 – Fort Lauderdale Condo Pre-Construction...
Real Estate News The Most Luxurious Buildings in Fort Lauderdale
Looking for the absolute most luxurious buildings in Fort Lauderdale? Well, here's your personal guide to the most exclusive and best condo buildings in Fort Lauderdale ranked from least luxurious to most luxurious (and most expensive condo buildings in Fort Lauderdale). We’ve based this ranking according to price per square foot at the time of publishing, and our own vast experience in the South Florida real estate market. Read on for details on each of these luxury condos for sale in Fort Lauderdale, and what makes each so special and popular as a residence of choice in this top Florida beach city. — Why Choose Fort Lauderdale? Only about 35 miles north of Miami, Fort Lauderdale residents enjoy a similar lifestyle to what Miami has to offer but with more space, less density and at a lower price point. With luxury shopping and delicious restaurants set on the quaint Las Olas Boulevard and bustling downtown, with museums, performing arts venues, and Class A office towers all...
Lifestyle The Big Differences in Cost of Living in Miami vs. New York
Over the last few years, Miami has seen its population grow, driven in part by those leaving other major U.S. cities, including New York and the Northeast. Many of our clients are New Yorkers looking for other living options in the Magic City. But one question we are asked a lot is “What is the difference in the cost of living between Miami and New York?” So, we are here to offer you an insightful answer to that question. Not a fluffy one, but a data-backed analysis of the costs of living between these two massively popular cities. New York has traditionally been considered an expensive city, and just last year was proclaimed as the most expensive city in the US, and 7th most expensive in the world. On the other hand, Miami only saw its cost of living rise in recent years as the city matures and new residents and out-of-town investments are making it the hot locale it is today. But can we go as far as to say Miami is more expensive than New York? Let’s dive in. To take a...
Lifestyle 10 Best Private Preschools in Miami in 2025
For parents of toddlers and pre-kindergarteners looking for the best private preschools and daycare facilities, Miami has a variety of options to choose from, with a wide array of schools that follow diverse teaching philosophies and approaches. To help you get an idea of your options, we’ve compiled a list of the top ten private preschools in the area, ranging from those that serve only infants, toddlers, and preschoolers, all the way to those where a child can grow up in the same learning environment, from preschool through elementary school, or even through high school. Note that the average annual cost of private preschool for a child in Miami-Dade County is around $12,920 but can go up to $30,000 for an elite school, with some schools offering discounts for multiple siblings, and others allowing part-time scheduling to help parents keep tuition costs down. Many top private preschools and schools also provide scholarships and other funding options for eligible students. We’ve...
Video Blog Video Tour: This Is the Aston Martin Condo Experience
When our clients from New York had exhausted all their options with other brokerages looking for their next luxury home that would simply “wow” them and be in a central location, they turned to our Greater Downtown Miami expert, Jessica Turner. As a Brickell resident and luxury condo specialist, Jessica accessed her extensive network to find them their perfect match in this off-market unit in the recently completed, ultra-luxury Aston Martin Residences. Join Jessica and Sep Niakan, veteran Miami real estate agent and founding broker of Blackbook Properties and condoblackbook.com, on an exclusive video tour of this 43rd floor unit that spans 3,536 square feet, offering 3 bedrooms, a den, staff quarters, 5.5 baths, oversized balconies, a decadent tub, and uninterrupted bay and city views. — Live in Aston Martin Luxury This riverfront supertall immerses you in the luxury of the Aston Martin experience from the moment you step inside. From a unique carbon fiber welcome desk to...
(305) 697-7667
(786) 321-7233 
contact@condoblackbook.com
