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Azora, Vizcaya Capital Flip Coconut Grove Office Building for $62M

Just a year after buying a boutique office building in Miami’s coveted Coconut Grove neighborhood, Azora Private Solutions and Vizcaya Capital sold it for a nearly $15 million gain.  The five-story pr

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Summary

Just a year after buying a boutique office building in Miami’s coveted Coconut Grove neighborhood, Azora Private Solutions and Vizcaya Capital sold it for a nearly $15 million gain.

The five-story property at 3250 Mary Street, called the Grove at 3250 Mary, sold for $62.

3 million, according to the brokers who represented the sellers, Berkadia’s […]

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