Lease Florida sells CVS-anchored retail space in Miami Beach for $18M

Capital Cove Investments acquired the two-story, 8,896-square-foot space underneath a four-level parking garage at 4000 Collins Avenue, according to a press release. It is adjacent to Pebb Capital and LeaseFlorida’s Hampton Inn at The Continental hotel.
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LeaseFlorida sells South Beach site for twice what it paid
An official with LeaseFlorida said the company doubled its money when it sold a South Beach development site for $4.3 million only 18 months after acquiring it out of foreclosure. Read More