Miami Condo Market and Lifestyle Updates
Groups Bid $100 Million on a Downtown Miami Lot

Groups Bid $100 Million on a Downtown Miami Lot

by Sep Niakan | May 14, 2014

The waterfront lot next to Miami's EPIC Hotel and Residences has received two offers of over $100 million for the property.

A company tied to Ugo Colombo and Diego Lowenstein, developers of EPIC, want to sell the 1.25 acre lot located at 300 Biscayne Boulevard Way, and have hired brokers to sell it. CBRE, a commercial real estate company, began showing the property to prospective buyers about a month ago.

Since then, almost 100 groups have been interested in acquiring the property, but Given and Gerard Yetming, the brokers leading marketing for the lot, will not respond to the bids until all have been made.

“We’re looking for the best combination of pricing as well as the quality of the developer,” Given said. They believe there is more to selling the property than the price tag.

In the history of Miami, only nine properties have sold for over $100 million, including the Related Group's purchase of the 444 Brickell Avenue property for $104 million in December of 2013.



Photo credit: Downtown -

Recent posts


Cheers to a New Year and New Beginnings…

by Sep Niakan | January 05, 2018

Welcome to the other side of the New Year! The side that’s made up of fresh energy, brand new ideas and a whole 365 days of infinite possibilities.   A lot of people consider January to be the month when the festive season and all its...


Events for a Joyful January in Miami

by Sep Niakan | December 31, 2017

The Holiday season may be over, but the festivities don’t have to stop if you’re in Miami. Take a pick of your favorite music, art, fitness or film festival below and let the merriment continue into January 2018.   Miami Cruise...

Real Estate News

Luxury Miami Condo Report : Nov 2017

by Sep Niakan | December 24, 2017

City and Neighborhood Luxury Condo Reports             Miami Beach Luxury Condo Report                          South Beach Luxury Condo...

Real Estate News

Buying and Selling Real Estate with Bitcoin: Miami Gets Bit by the Bitcoin Bug

by Sep Niakan | December 21, 2017

Earlier this month, a single bedroom condo in Edgewater went on sale, and made headlines. “What’s so special about that?” you ask. Well, this Miami condo seller will accept Bitcoin only. This 480 NE 30th St. condo is listed for 33...