Beach Towing Purchases Sunset Harbour Property for $6.5M

Colliers Urban Core Division closed on the $6.5 million sale of 1349 Dade Boulevard in Miami Beach today. The Sunset Harbour property, which was purchased by the longtime tenant Beach Towing, currently consists of a 2,600-square-foot building and a 17,932-square-foot lot.
 
Colliers' Executive Managing Director Mika Mattingly and Associate Cecilia Estevez represented Festa Family Trust, the seller in the transaction. Eric A. Gonzalez of Roca Gonzalez, P.A. was legal counsel representing the Festa Family Trust in the sale of the property.
 
“Sunset Harbour has undergone an incredible transformation,” said Mattingly. “This is the first neighborhood I farmed, selling a good chunk of the market’s available land at the time. The area has exploded with development since then.”
 
Beach Towing has operated an automobile storage and towing company at the property since 1986. The towing company began operations when the property was within an Intensive Commercial District (C-6), which grandfathered the company in when the zoning was changed three years later to Commercial Medium Intensity (C-5). Beach Towing operates as a legal, non-conforming business.

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