A Miami developer appears to have a contract to purchase a piece of Midtown Miami.
Midtown One Investments LLC has entered into an Agreement of Purchase and Sale as the buyer, according to a memo recorded in Miami-Dade County records on January 4.
The Purchase and Sale and sale agreement was entered into on May 19, 2021, the memo says.
The buying LLC shares an address with Terra Group in Coconut Grove.
David Martin signed the memo in December 2022 on behalf of Midtown One Investments.
Midtown Opportunities IB LLC is listed in the memo as the seller.
The actual Midtown property in contract was not listed in the newly recorded memo.
However, the selling LLC is listed in Dade property records as the owner of the Gateway 1 site at the northeast corner of Midtown, where a zoning change was proposed in late 2021 to allow for a 48-story tower.
The original Midtown Miami master plan:
