Unity On The Bay’s property in Edgewater is attracting a lot of interest, accord to the listing broker.
Over 70 inquiries have come from ‘credible sources,’ he told Biscayne Times. He also said that the property, which could be worth at least $40 million, will likely be under contract by August.
The buyer of the property will be able to build an 851-foot tower with 300 units, the broker said. A historic building on the property that dates to 1917 is not protected and can be demolished.