The "Miracle Mile" in Naples has seen another eye-popping sale. A beachfront redevelopment site has fetched $92.5 million. The buyer: Kolter Urban, based in Delray Beach on Florida's east coast.
First came tearing down an old condominium building in Hallandale Beach, opening up the city’s only beachfront vacant land. Next up could be the redevelopment of that very same 1.2-acre parcel ...