Conway Commercial Real Estate Collects $13M for Parcel in Miami’s Little River Neighborhood

Conway Commercial Real Estate has sold 2.2 acres in the Little River neighborhood of Miami, FL for $13.2 million.

Alfredo Riascos of Gridline Properties represented the seller. Tony Arellano of DWNTWN Realty represented the unidentified buyer.

“Developers are recognizing the growth and the emergence of strong fundamentals, finding opportunities to appeal to the creatives and curators in Miami that are in search of the unique neighborhoods and experiences that Little River offers,” said Riascos.

Riascos also represented Conway in its $18.2-million sale of the nearby Ebb & Flow retail strip center. According to Riascos, the all-cash deal marked one of the largest single transactions in Little River for value-add creative retail.

Gridline Properties reveals that Little River has attracted an array of creative and design-oriented businesses that have identified the surrounding neighborhood as one of Miami’s most up-and-coming districts.