Miami Condo Market and Lifestyle Updates
Parking Garage Selling Price Revealed

Parking Garage Selling Price Revealed

by Sep Niakan | May 22, 2014

The Ingraham Garage, located in downtown Miami, sold for $31 million according to Miami-Dade County records.

A client represented by LaSalle Investment Management purchased the garage, plus an additional 14,447 square-feet of ground-floor retail space, from Miami Parking Ventures. The transaction for the 630-space parking garage was recorded on May 6. There was no financing recorded for the purchase of the garage.

The Ingraham Garage is located at 225 Southeast Second Street, near downtown Miami’s Bayfront Park, across from the Metropolitan Miami complex. The garage itself is a well-known landmark, due to its innovative design, and competitive pricing in the center of downtown Miami.

Parking for the Ingraham Garage included first floor by permit only, and second floor reserved for employees of Itaú. They offered CCTV, overnight parking, and elevators for guest convenience. 



Photo credit: Ingraham Garage - centre-line.netMap - google

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...