Selling and buying a property in Florida can come with many difficulties. This is because the world of commercial real estate can be complex, especially if multiple parties are involved. Both sides may hit a brick wall, for example, when trying to negotiate during the real estate transaction. However, being prepared for each stage of the deal by understanding the law can help a person to overcome such challenges.
One company recently sold two buildings for $19 million in the Miami neighborhood known as Edgewater. This turned into a profitable transaction for the company, since it purchased the buildings in 2005 for the significantly lower amount of $12.6 million. The company which sold the properties is led by a developer and architect.