Sold: Celebrity hangout of the ’40s, ’50s on Biscayne Boulevard

Former Casa Santino Restaurant sells last remaining property for $1.2M Casa Santino and social club of 1940’s - 1950’s was frequented by iconic celebrities including Frank Sinatra, Jimmy Durante, Tony Bennett, Dean Martin and Lucille Ball
By: FA Commercial Advisors
 
 
Celebreties Hangout in Miami during the 40's and 50's
Celebreties Hangout in Miami during the 40's and 50's
 
Spread the Word
Listed Under

Tags:
* Miami
* Real Estate
* Commercial Real Estate

Industry:
* Real Estate

Location:
* Miami - Florida - US

MIAMI - Jan. 8, 2016 - PRLog -- 10905 Biscayne Boulevard, the former site of Casa Santino Restaurant, sold for $1.2M.  Fabio Faerman and Jonathan Molano of FA Commercial Advisors / Fortune International Realty represented the seller in this transaction. This iconic property was sold in an all-cash deal.

Biscayne corridor is the place in Miami where historic meets hip. Where the worlds of art, culture, cuisine and entertainment collide. It's the heart of the city. The Biscayne Corridor is now experiencing a cultural and commercial renaissance, attracting the attention of retailers, developers, restauranteurs and the artistic community worldwide.

“The retail corridor in Miami Shores and North Miami Drive is somewhat of a ‘hidden’ investment gem – in just 8 months’ time I have seen price-per-square-foot profits nearly double,” says Molano. The area for commercial deals is rapidly growing and brimming with tremendous development potential. Just last April, Molano and Faerman represented both the seller and the buyer at 11601 Biscayne, which closed at $65 psf.  FA Commercial currently has 3.5 acres on the market at 11201 Biscayne Boulevard as well as other off-market opportunities.

Fabio Faerman and his team at FA Commercial are thrilled to contribute to the progress of Miami and the entire South Florida’s commercial real estate market with deals like this. Recently, Mr. Faerman proudly assisted on the closing of many deals such as 4322 Hollywood Blvd., a former Blockbuster property. 16,676 SF residential lands located in Elm Street & N Surf Rd in Hollywood, FL. La Cantina #20 refined Mexican fare in a glitzy space with outdoor patio & authentic curios at the heart of Brickell; and Mizzen Plaza a strip mall strategically located in between Coconut Grove and US1.

Check out our video on Vimeo here: http://bit.ly/Video10905

About FA Commercial Advisors

FA Commercial Advisors provides a complete range of commercial real estate brokerage services – including owner and tenant leasing, acquisition and sales, marketing and consulting – to owners, investors and lessees of all property types. With an extensive international network of real estate professionals throughout the world, we offer local market knowledge on a global level.

About Fortune International Realty Commercial Division

The Commercial Division was created to offer specific advice and service to sophisticated clients, searching for a deep understanding of real estate businesses. This division has the purpose of coordinating and providing services to Fortune International Realty clients as well as residential and commercial associates interested in pursuing commercial real estate transactions.

Contact
Fabio Faerman
***@fir.com
End
Email:***@fir.com Email Verified
Tags:Miami, Real Estate, Commercial Real Estate
Industry:Real Estate
Location:Miami - Florida - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
FA Commercial News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share