Miami Condo Market and Lifestyle Updates
Brazilian Artist's Gallery Sold to Montreal Investors for $34.5 Million

Brazilian Artist's Gallery Sold to Montreal Investors for $34.5 Million

by Sep Niakan | May 19, 2014

The gallery of Brazilian artist Romero Britto in South Beach was sold for $34.5 million.

818 Lincoln Corp., a Miami-based corporation managed by Alan Levine, sold the property on May 7. 818 Lincoln Investments, a Montreal-based investment company, purchased the property from 818 Lincoln Corp. They received a $24.5 million mortgage from the seller as part of the deal.

Danny Lavy is the manager of 818 Lincoln Investments. Lavy is also the CEO of Elite Group, Inc., a household products distributor.

The 8,375 square-foot building last sold in 1993 for $335,000. The galleria, located at 818 Lincoln Road, was originally built in 1935, and is still in its original design.

Britto currently owns and operates his gallery and showroom, Britto Central, on the property being sold.



Photo credit: Britto Central Gallery - therippingblog.comRomero Britto -

Recent posts


7 Must-Do Pre-Halloween Events

by Sep Niakan | October 13, 2016

I know Halloween’s around the corner and it’s a given it will be the highlight of everyone’s social calendar. Miami’s Fall calendar is full of exciting events and here’s the low-down on how you can enjoy the run up to...

Real Estate News

With Approved 960-Foot Brickell Market Place, a Headache for Brickell Heights?

by Sep Niakan | September 27, 2016

Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...

Real Estate News

An Edgewater Miami Hotel Joins the Micro-unit “Tiny Homes” Trend

by Sep Niakan | September 26, 2016

Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...

Real Estate News

Skyrise Miami: Future Tourist Destination and Hard Pill to Swallow for Miami Locals

by Sep Niakan | September 23, 2016

The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...