Historic Coppertone Building Trades for $8M in Miami’s MiMo District

Nov 2, 2024

DWNTWN Realty Advisors closed the $8.095M sale of the historic Coppertone Building at 7300 Biscayne Boulevard, marking a significant MiMo District transaction. The fully leased, 21,454-square-foot mid-century landmark showcases the continued strength of Miami’s thriving office market.

If you've driven down Biscayne Boulevard recently, you've likely spotted the iconic Coppertone sign adorning one of Miami's most recognizable mid-century buildings. Well, this piece of Miami history just made headlines in the commercial real estate world with an impressive $8.095 million sale.

The fully-leased office building, spanning 21,454 square feet in the heart of the MiMo District, represents exactly what investors are looking for in today's market - a blend of historic charm, prime location, and solid income potential. The property at 7300 Biscayne Boulevard has found its new owner through a deal brokered by DWNTWN Realty Advisors.

"This sale exemplifies the enduring appeal of Miami's historic commercial properties and their potential for modern adaptation," says Caroline Vega, lead broker at DWNTWN Realty Advisors. "The Coppertone Building's location in the MiMo District, combined with its strong tenant base and development potential, created an exceptional investment opportunity for our client."

The accompanying case study, published on miamicrebrokers.com, delivers a comprehensive analysis of the transaction. The detailed report examines current market dynamics within Miami's office sector, outlines strategic approaches for marketing historic properties, explores valuation considerations for mixed-use developments, and assesses future growth potential within the MiMo District. This in-depth analysis serves as a valuable resource for investors and stakeholders interested in Miami's evolving commercial real estate landscape.

"Our team's deep understanding of Miami's commercial real estate landscape enabled us to position this property effectively and secure optimal terms for all parties involved," adds Marinoff. "The comprehensive case study we've developed shares valuable insights into the complexities of marketing and selling historic commercial properties in Miami's evolving market."

Looking ahead, DWNTWN Realty Advisors anticipates continued strong interest in Miami's office and mixed-use properties, particularly those in historically significant locations. The firm maintains its commitment to providing detailed market analysis and strategic guidance to investors interested in Miami's commercial real estate opportunities.

About DWNTWN Realty Advisors: DWNTWN Realty Advisors specializes in high-value commercial real estate transactions throughout Miami's urban core. The firm combines deep market expertise with strategic marketing approaches to connect investors with premium commercial property opportunities. With a focus on historic and mixed-use properties, DWNTWN Realty Advisors has established itself as a leading force in Miami's commercial real estate sector, particularly in handling complex transactions involving landmark properties and adaptive reuse opportunities.

Want to learn more about this landmark transaction or explore similar investment opportunities in Miami's vibrant commercial real estate market? Visit miamicrebrokers.com to download our detailed case study https://miamicrebrokers.com/miami-office-building-sale-coppertone-building/ or contact DWNTWN Realty Advisors to discuss your next commercial real estate venture.

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