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Florida real estate activity spans several property types, with Miami seeing new for-sale housing, North Miami Beach recording an office trade, Melbourne adding self storage capacity and Jacksonville Beach changing hands in senior housing. The Astor Companies have moved forward with condominium sales at Havana Enclave, a 179-unit residential project under construction in Miami’s Little Havana neighborhood. The site was originally acquired as a shovel-ready rental development, but after further market analysis and design adjustments, the company repositioned the project as a for-sale condominium community. Havana Enclave is slated to deliver by the end of 2026, shifting the asset’s future from rental to ownership housing in a historically rental-heavy neighborhood.
In the office sector, Marcus & Millichap brokered the sale of Citi Centre, a 46,324-square-foot office building in North Miami Beach. The property sold for $10.2 million. Alex Zylberglait of Marcus & Millichap represented the seller, a private overseas group, and also secured the buyer, described as a local private operator. Built in 1986 and renovated in 2022, the building comprises 26 suites and offers 24-hour access, with proximity to major transportation routes including Interstate 95, Florida’s Turnpike and State Road 826.
Further up the coast in Melbourne, Go Store It Self Storage completed an adaptive reuse of a former Sears store, converting it into a climate-controlled self storage facility with more than 700 units. The company, headquartered in Charlotte, North Carolina, focuses on self storage development, acquisitions and property and asset management, and now operates a network of over 200 properties across 27 states. The Melbourne facility sits directly adjacent to Madison Midtown, a recently delivered 240-unit multifamily community developed by sister company Madison Communities, creating a cluster of complementary residential and storage uses.
In Jacksonville Beach, Beach House Assisted Living & Memory Care, also known as Beach House Senior Living, has been sold. Continuum Advisors, a national senior housing investment sales and advisory firm, announced that it advised on the sale of the 84-unit senior living community located in the heart of Jacksonville Beach, Florida. The firm was exclusively retained to represent an institutional joint-venture ownership group in the transaction. Taken together, these deals highlight continued investor and operator interest across Florida in for-sale residential, updated suburban office, adaptive reuse of legacy retail and stabilized senior housing.
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