Miami Condo Market and Lifestyle Updates
Brazilian airline mogul buying Edgewater land

Brazilian airline mogul buying Edgewater land

by Sep Niakan | January 03, 2014

A Brazilian airline mogul is gobbling up residential land in Miami, with a recent emphasis on the emerging Edgewater neighborhood.

Miami Sunrise Properties, which has ties to 80-year-old Lider Aviacao founder Jose Afonso Assumpcao, paid $205 per square foot for a multi-property site at Biscayne Boulevard and 34th Street, Daily Business Review reported. Lider Aviacao is the largest private jet and helicopter company in Brazil. Miami Sunrise spent 2013 assembling a site west of the Brickell CityCentre development and is expected to sell the land at a significant profit.

Assumpcao’s company has no immediate plans to develop the 37,000-square-foot Edgewater site. Its purchase included approvals to build a 16-story, 127-unit residential tower on the land. 


Source: I


Recent posts


7 Must-Do Pre-Halloween Events

by Sep Niakan | October 13, 2016

I know Halloween’s around the corner and it’s a given it will be the highlight of everyone’s social calendar. Miami’s Fall calendar is full of exciting events and here’s the low-down on how you can enjoy the run up to...

Real Estate News

With Approved 960-Foot Brickell Market Place, a Headache for Brickell Heights?

by Sep Niakan | September 27, 2016

Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...

Real Estate News

An Edgewater Miami Hotel Joins the Micro-unit “Tiny Homes” Trend

by Sep Niakan | September 26, 2016

Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...

Real Estate News

Skyrise Miami: Future Tourist Destination and Hard Pill to Swallow for Miami Locals

by Sep Niakan | September 23, 2016

The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...