arts
South Florida’s top deals: Rubells sell more property to Neology for $10M
By Mary Diduch, Veronica Udell at The Real Deal
· June 12, 2026
· 1 min read
🏆 Residential: Bal Harbour had the priciest home deal to hit records, with the sale of a vacant residential lot at 174 Camden Drive for just under $17 million. The parcel spans about 13,600 square feet and was last sold in 2023 for $6.8 million. In the most recent transaction, the seller was 174 Ca
Key takeaway In the most recent transaction, the seller was 174 Camden LLC, and the buyer was an LLC managed by Gad Bitton, a Canadian auto executive.
Why this matters in The Miami
The recent sale of an industrial property at 1090 Northwest 23rd Street in Miami for $10.1 million is a notable transaction in the city's commercial real estate market. This deal, along with the sale of a vacant residential lot in Bal Harbour for nearly $17 million, indicates a strong demand for properties in South Florida. The industrial property's location in Miami, near the Wynwood and Little Havana neighborhoods, suggests that the area is attractive to investors and businesses. The sale of this property, which spans about 47,000 square feet, may also have implications for the local economy and job market. As Miami continues to grow and develop, it will be worth watching how these types of transactions impact the city's neighborhoods and communities, particularly in areas that are vulnerable to flooding and sea-level rise. The city's zoning and land-use policies will play a crucial role in shaping the future of these areas.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit The Real Deal . Have a tip or correction? Contact our newsroom .
Category: arts ·
Published: June 12, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? 🏆 Residential: Bal Harbour had the priciest home deal to hit records, with the sale of a vacant residential lot at 174 Camden Drive for just under $17 million. The parcel spans about 13,600 square feet and was last sold in 2023 for $6.8 million. In the most recent transaction, the seller was 174 Ca
When was this published? This article was first published on June 12, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Mary Diduch, Veronica Udell at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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