Miami Riverfront Office Building Sold to Univista Insurance for $10.2 Million

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An office building designed by world renowned Oppenheim Architect & Design was sold to Univista Insurance by Paul Silverstein, Sr. Director, Commercial Division at RE/MAX Advance Realty & President of the Florida Commercial Team, LLC. Silverstein, who represented both the buyer and seller in the transaction, received multiple offers for the property, which is located directly on the Miami River.

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The exceptional design of the building and irreplaceable riverfront location in Downtown Miami generated tremendous interest. Multiple offers came from companies looking to locate their corporate headquarters in Miami.

Paul Silverstein, Sr. Director, Commercial Division at RE/MAX Advance Realty & President of the Florida Commercial Team, LLC, brokered the sale of an office building directly on the Miami River for $10.2 Million Dollars. The buyer, Univista Insurance, is a Miami based insurance company with more than 100 offices in Florida and California.

The Seller, GLF Construction Corp., built this contemporary office building in 2016. Located at the juncture of the Miami River and the Seybold Canal, with spectacular views of the Miami River, the building consists of more than 15,000 square feet on four levels, plus a parking garage.

Silverstein said, "The exceptional design of the building and irreplaceable riverfront location in Downtown Miami generated tremendous interest. Multiple offers came from companies looking to locate their corporate headquarters in Miami.”

A drone video was produced in order to highlight the Miami Riverfront premium location. According to Silverstein, “A bird’s eye view of this unique property was important in helping potential buyers fully understand its relationship to its surroundings, and where it fits into the overall environment.”

Paul Silverstein is one of the top commercial brokers in the State of Florida. He has been successfully selling commercial real estate in Florida for more than 35 years and has received numerous awards from RE/MAX International including the prestigious Platinum Award, 100% Club Award, the Executive Award, the Chairman’s Club and the Hall of Fame Award. He can be reached at paul(at)fctus.com, or FloridaCommercialTeam.com.

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Paul Silverstein

Paul Silverstein
Florida Commercial Team
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