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NY developers close on pair of Miami Beach properties

Eastern Union, Opal Realty, Scharf Group acquire CVS, parking lot for mixed-use project
Three developers plan a 90,000-square-foot, mixed-use development in North Beach. (Eastern Union, Opal Realty NY and the Scharf Group)
Three developers plan a 90,000-square-foot, mixed-use development in North Beach. (Eastern Union, Opal Realty NY and the Scharf Group)
CoStar News
November 10, 2025 | 11:02 P.M.

Developers are set to move forward with a 90,000-square-foot, mixed-use project after paying $15.5 million for two properties in a rapidly changing part of Miami Beach, Florida.

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