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Florida & Gulf Coast  + Miami + South Florida  + Office  |  March 29, 2022
Franklin Street has arranged the $9.3-million sale of North Miami Beach Financial Center on West Dixie Highway.
Lisa McDuffie
By: Lisa McDuffie

Franklin Street Brokers $9M Sale of North Miami Beach Financial Center

Franklin Street has arranged the $9.3-million sale of North Miami Beach Financial Center on West Dixie Highway. The 2.47-acre site features a two-story Regions Bank building and is located in an opportunity zone.

A Franklin Street team of Adam Tiktin and Greg Matus represented the seller, Addi Properties. Florida Royalty Investments Group, LLC, acquired the property.

North Miami Beach Financial Center was originally constructed in 1972. The SAE Institute has been a tenant of the Regions Bank building since 2002.

The property features 675 feet of frontage along West Dixie Highway, easy access and sufficient parking. It is situated two blocks from the signalized intersection of Biscayne Boulevard and NE 163rd Street and experiences traffic counts of 49,500 and 43,500 per day respectively.

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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 she makes the transition from an utterly failed racehorse to a lovely show hunter.
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