This building, which sold a few months ago for $14 million, is located off 5th street (area demographics) in Miami Beach. The building, which is just over 43,000 square feeet and located at 429 Lenox Avenue, was apparently tied up in litigation for a while due to a lender filed a lawsuit against managing members Leon Cohen and Maurice Cohen. They were later sentenced to prison for tax evasion.
Every property has a story. Some are more “involved” than others.