Boymelgreens’ Miami Beach office building hits market at $20M

by Francisco Alvarado

The Boymelgreens are looking to sell a 1960s office building in Miami Beach that’s next door to their nearly completed 42 Pine boutique condo project. The six-story building at 301 Arthur Godfrey Road hit the market with an asking price of $19.9 million, according to an offering memorandum. Alex Zylberglait and Michael Crocchiola with Marcus & Millichap are representing the seller, an entity tied to real estate investor couple Shaya and Sarah Boymelgreen.  Anchored by a Citizens Bank branch, the Mid-Beach property is 96 percent occupied and features a mix of finance, health care and creative tenants, the offering states.  […]This article originally appeared on The Real Deal. Click here to read the full story.
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