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Florida & Gulf Coast  + South Florida  + Retail  | 
1450 Collins Avenue in Miami Beach, FL

Art Deco Commercial Building in South Beach Trades for $10M

London Foster Realty has completed the $10-million sale of a commercial building in the art deco district of South Beach in Miami. Lavinia Otero from London Foster Realty represented both the seller and buyer in the off-market transaction.

According to published reports, Surf Style, the owner of the beach clothing and souvenir chain, purchased the 12,868-square-foot property with plans to open a boutique selling the Surf Style clothing line. Seller Zori Hayon, who will remain as a partner in the project.

The property at 1450 Collins Avenue was built in the 1940s as a deli.

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London Foster Realty

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition