Miami $7 Million Gas Station!

Posted: September 12, 2015 | Source: therealdeal.com

A 1960’s Chevron gas station near Miami Beach’s South Beach recently sold for $7.3 million to a South Florida developer who plans to convert the half-acre property to retail and parking. Miami area commercial property prices have skyrocketed since 2012. A vacant 1.25-acre parcel in downtown Miami sold last year for $125 million.