A historic property in Miami Beach changed hands for the first time since its completion in the 1930s.
Martin Bravo and Andres Marino of Apex Capital Realty represented the buyer.
The buyers have no intention of redeveloping the Washington Avenue property, which sits on a site at the corner of 14th Street covering about one-third of an acre, said a representative for Apex Capital Realty.
The Matthews family has owned the South Beach building since it was completed in 1935.
