Palmetto Bay business site sells for $5 million

Published Jan 19, 2026

The commercial real estate, which has two floors, and was built in 1973, was sold for $5,000,000. At SW. 148th St., the 25,135-square-foot building sits on a 0.9-acre lot. It was purchased by 148 Palmetto Professional Plaza LLC from 148 Street Center LLC on Dec. 17, 2025.