This Virginia investor has been buying up waterfront homes in North Bay Village
A member of the Simkins family sold a waterfront home in North Bay Village to an investor who has been buying up houses in the three-island town, The Real Deal has learned. The investor, Pawan Singh, has paid $61.5 million on 11 houses, many on the water, on Terrace Drive in North Bay Village, according to TRD’s analysis of property records. Singh has assembled at least 2.5 acres of land in the village via purchases in his name and LLCs linked to him. He likely controls more than 500 feet of water frontage, though it’s not entirely contiguous. Singh is […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Faena Residences developers presell $30M penthouse for record price along Miami River
“Animal House”: Brickell condo owners outraged by short-term rental goons
NFL’s Larry Ogunjobi turns developer with $16M spec home in Biscayne Point
Firms tied to Argentine soccer money probe bought four Miami-Dade properties
$1M rent, $100 steaks: Inside Coconut Grove’s booming restaurant scene
Miami secures $193M permit to build civic center at Freedom Park
Wetland development cost Florida homeowners $1.6B in flood damages, study finds
South Florida’s top deals: Double Venetian Islands property trade for $33M
Average 30-year mortgage rate climbs to highest level in nearly a year
New NAR survey: Americans value walkable neighborhoods
