Lee & Associates South Florida, is proud to announce the successful sale of the assemblage of properties located at 409 & 345 NE 36th Street, Miami FL. Those two properties were combined with 3601 Biscayne Blvd for total land of 1.6 acres and a combined price of $53 Million.
Principal, Michael Hinton, CCIM and 2025 President of the Florida CCIM Chapter, represented both the buyer One Thousand Group, and the Sellers: Granda LLC. of 409 NE 36th Street, and Dennis Richards of 345 NE 36th Street. Mr. Hinton was formerly with Apex Capital Realty.
One Thousand Group is a team of seasoned visionary real estate developers led by Co-Founders Louis Birdman, Kevin Venger and Michael Konig. With a collective portfolio including their recent development, Villa Miami, a Major Food Group branded residence currently under construction and located in the Edgewater area along with an established list of completed projects including the iconic One Thousand Museum, Ten Museum Park, Regalia on the Ocean, Paramount on the Bay in Edgewater, Emerald Brickell, and other real estate development projects, the group touts a delivered value in excess of $8 billion comprising nearly 20,000 residential units and in excess of 10 million built square feet of residential and commercial development.
Wanting to capitalize on the migration of tech and finance companies to Florida, the group set its sights on the two-story apartment complex located at 345 and 409 NW 36th Street and a Shell Station located at 360 Biscayne Blvd.
The project was approved by the Urban Development Review Board in September 2023 and has been designed by the internationally renowned architecture firm KPF Architects. The future Tower 36 project will be a transformative lifestyle-focused mixeduse development featuring branded residences, a hotel component, retail uses and will feature a private members club, multiple food and beverage offerings, wellness and recovery amenities, and a helipad with a heli-lounge.
This signature building will impact the growing Miami skyline with one of the highest visibility locations in Miami-Dade County, at the intersections of the Design District, Midtown, Edgewater, and Miami Beach making it an ideal location for those seeking the fine amenities in a top location.
About CCIM
“CCIM stands for Certified Commercial Investment Member. For more than 50 years, CCIMs have been recognized as leading experts in commercial investment real estate. The CCIM lapel pin denotes that the wearer has completed advanced coursework in financial and market analysis, and demonstrated extensive experience in the commercial real estate industry.”
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