Miami Condo Market and Lifestyle Updates
 Will Downtown Return to the Golden Twenties Thanks to Moishe Mana's 31 Properties?

Will Downtown Return to the Golden Twenties Thanks to Moishe Mana's 31 Properties?

by Sep Niakan | November 12, 2015

Moishe Mana has been assembling properties in Downtown Miami for over a year. Mana's acquisitions are meant to “infuse Miami’s urban core with arts, culture, and an elegance unknown since the ’20s real estate boom”.

The three most recent plots of land on Flagler Street were bought by Jersey Art Holdings, Mana’s company, for about $8.2 million. The purchase, totaling 31 properties and 780,000 square-feet in prime downtown Miami, include an 8,000 square-foot building on 129 East Flagler Street for $3.6 million, a 6,000 square-foot lot on 116 West Flagler for $3.6 million and an empty 5,900 square-foot lot at 208 West Flagler for a little less than $1 million.

Back in July 2014, Miami-Dade County commissioners unanimously approved funding for about half of the $13 million historic Flagler Street improvement plan. The plan originally called for adding trees, benches and bike racks and expanding and straightening sidewalks, which would resemble train tracks in honor of founder Henry Flagler. Flagler Street renovations will begin sometime in October 2015.

 

Source: therealdeal.com

Photo credit: therealdeal.com

Recent posts

Real Estate News

Where to Find the Lowest Property Taxes in Miami?

by Sep Niakan | September 24, 2017

Most people don’t particularly love talking about property taxes. When looking for a home, buyers focus on more enjoyable aspects, like the layout, color scheme, size of the backyard, or the kitchen upgrades. Still, buyers have to pay...

Real Estate News

Miami’s New and Pre-Construction Condo Update: August 2017

by Sep Niakan | September 17, 2017

August comes up with quite some movement for the preconstruction condo market in Miami. We have Aston Martin Residences gearing up for a fall groundbreaking, Canvas and The Harbour successfully topped off, 1010 Brickell got its ok to open and...

Opinions and Advice

Back to school

by Sep Niakan | August 29, 2017

Septembers can be a sobering time for most as we say goodbye to summertime frolic. Kids are either back to school or are gearing up for it. Parents are busy running around, trying to get everything and every kid organized. It’s back to the...

Opinions and Advice

4 Property Tax Savings and Benefits when Buying Property in Florida

by Sep Niakan | August 29, 2017

For most people, paying taxes equals one big headache. In Florida, knowing your tax laws is worth the pain. Being a Florida resident, you can gain from many tax-saving programs. You can also find affordable real estate in big cities like Miami....