An unidentified Brickell property is in contract for $100 million.
An executive from a real estate investment firm told Brian Bandell that his firm provided a $5 million deposit. The property is said to be on the water, and a mixed-use project could be built there.
One possibility is Tibor Hollo’s 2.5-acre Villa Magna site. Last month, Hollo received a favorable opinion from an appeals court over a deposit placed on the site by Spanish developer Grupo Prasa.
Other waterfront properties in Brickell that are potentially in play are the Waterside property and Joseph Chetrit’s Miami River Project.