A retail building on the north side of Miami Beach sold for $10.5 million.
Peter Korakakos and Andre Korakakos sold the 12,652-square-foot building at 7300 Collins Ave. to Collins and 73rd Developers LLC, managed by Silvia Sabates Coltrane, the CEO of Surfside-based Transacta Developers. The price equated to $830 per square foot.
It was built on the 15,000-square-foot lot in 1952 and last traded for $575,000 in 1986. The property is home to Manolo’s restaurant.
In January, another company controlled…