Moishe Mana Purchases Another Downtown Miami Site For $12.3M

Another downtown Miami property has been sold to Moishe Mana.

Mana’s latest purchase is a 22,500-square-foot development site, at 49 NW 1st Street for $12.3 million.

The property is currently used as a surface parking lot.

Andrew Mirmelli’s M&M Parking was the seller. Mirmelli more than tripled his money from when he bought it in 2013 at a price of $3.9 million.

Colliers’ Urban Core Division, led by Executive Managing Director Mika Mattingly, represented both the buyer and the seller in the transaction.

“This transaction showcases how high the demand is for property in downtown Miami,” Mattingly said. “The transformative projects that are beginning to take shape in the area, along with the influx of residents and jobs, are attracting investors from all over the world. It continues to prove that now is the time to invest in the future of downtown Miami.”

Mana now owns over 60 properties spanning more than 1.3 million square feet in downtown Miami’s Flagler Street area, after two recent purchases.

According to a press release, Mana has begun construction in several sites in downtown including at the Nikola Tesla Innovation Hub.

“We’re committed to reviving the Flagler District through sustainable revitalization,” said Mana. “We are using the existing structures to preserve the character of the neighborhood while building a tech ecosystem that prioritizes the community’s needs.”

 

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Mana Moishe
30 days ago

You bitches kept complaining, so I bought another property! I’m gonna sit on this one for at least 5 years. Keep talking about me.

-Mana

Azarius
30 days ago

I love this lol

Anonymous
30 days ago

haha

Anonymous
30 days ago

Is this all part of Miami’s plan to prevent redevelopment of downtown ?

Anonymous
30 days ago

Is Mana hoarding buildings or what? Build something already!

Anonymous
30 days ago

He sure is a (w)hoarder!

Anonymous
30 days ago

That’s right that’s right, I’m a hoarder.. say one more thing.. say one more thinnngggg and I’ll buy some more shit downtown.. go ahead, say something….

– Mana

Anonymous
30 days ago

Something!

Anonymous
30 days ago

Okay that’s it.. that’s itttttt!!!

Anonymous
30 days ago

Another one

-DJ Khalid

Anonymous
30 days ago

Putting pavers in the ground considered construction now?? 🤔🤔

Anonymous
30 days ago

and 3 years to do that…

Alpina
30 days ago

‘…using the existing structures to preserve the character…’ what character??

Anonymous
30 days ago

Especially when he tore down a building with character. All it needed was some TLC.

Anonymous
30 days ago

Unfortunate news. Mana continues to prevent downtown from reaching its potential. Shame….

Anonymous
30 days ago

F
@
C
K
M
A
N
A

Anonymous
30 days ago

What a scam

Anonymous
30 days ago

I really wonder how much longer these old and incredibly unmaintained/unimproved Mana properties can hold up. Perhaps that’s why he’s begun to simply buy and then demolish even historical buildings since all he wants to do is flip the land value really. No development and not even any commercial tenants to deal with

Anonymous
30 days ago

It’s a miracle that some of his decrepit properties have not come crashing down like that condo in surfside. I’ve seen so much exposed rebar and damage on several of his buildings from utter lack of maintenance, so many code violations

Anonymous
29 days ago

His crap downtown buildings falling down would save him demolition cost and they’re empty of people anyhow since he usually just gets rid of the tenants whenever he buys their buildings

Anonymous
30 days ago

F@CK!

Anonymous G
30 days ago

NOOOOOO

Anonymous
30 days ago

“According to a press release, Mana has begun construction in several sites in downtown…”

LMAO !!!! Name more than the one building he’s rehabbing !!!

Anonymous
30 days ago

At least there’s no historic buildings he can destroy this time.

Anonymous
30 days ago

“The property is currently used as a surface parking lot.”

And will be for years to go !! 😂

iFlyMIA
30 days ago

Look at all the space for future high-rises. Can’t wait.

Anonymous
30 days ago

Oh we’ve been waiting…and waiting…and waiting…and nothing!

Anonymous
30 days ago

That’s not true, we’ve been waiting on nothing.

Hijo de Putin
30 days ago

Мана превращается в район преступлений, проституции и черного рынка, чтобы россияне чувствовали себя желанными гостями.

Anonymous
30 days ago

Translated for ya’ll: “ Mana is turning into a crime, prostitution and black market area to make Russians feel welcome.”

Spasibo😅

Anonymous
30 days ago

“Mana is turning into?”

Putin
30 days ago

lost in translation..”Mana is changing the area into…etc”.

Anonymous
30 days ago

Dang, Mana beat The Melo Group to it…

Anonymous
30 days ago

60 properties 1.3 million sq and 1 structure under construction, what happened to the other 59 properties?

Anonymous
30 days ago

“We are using the existing structures to preserve the character of the neighborhood while building a tech ecosystem that prioritizes the community’s needs.”

🤣😂🤣😂🤣😂🤣😂😂😂😂😂😂😂🤣😂😂🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Anonymous
29 days ago

moishe mana come to hialeah papi

Anonymous
29 days ago

Even though laws that discourage monopolies in America exist, why not have laws that remind someone like Mana that hoarding acres of land without little to no signs of development, illegal?