Testosterone is a crucial hormone for men and plays an important role throughout the male lifespan. Most of a male's testosterone is produced through the testicles. Also called the male sex hormone, testosterone starts playing its part during puberty.
When a male goes through puberty, testosterone helps males develop:
As boys turn to men and men grow older, testosterone levels deplete naturally. Sometimes, events like injuries and chronic health conditions like diabetes can lower testosterone levels. Unfortunately, when a man loses too much T, it results in hypogonadism. When this happens, the testosterone must be replaced, or the male will suffer from symptoms like muscle loss, low libido, and even depression.
TRT is exactly what it sounds like: a treatment option for men that replaces testosterone so that your body regulates hormones properly and restores balance to your life. Also called androgen replacement therapy, TRT alleviates the symptoms that men experience with low T.
Originally lab-synthesized in 1935, testosterone has grown in popularity since it was produced. Today, TRT and other testosterone treatments are among the most popular prescriptions in the U.S.
Without getting too deep into the science, TRT works by giving your body the essential testosterone it needs to function correctly. As the primary androgen for both males and females, testosterone impacts many of the body's natural processes â especially those needed for overall health. For example, men with low T are more prone to serious problems like cardiovascular disease and even type-2 diabetes.
When your body quits making enough testosterone, it causes your health to suffer until a solution is presented. That's where TRT and anti-aging medicine for men can help. TRT helps balance your hormones and replenish your depleted testosterone. With time, your body will begin to heal, and many symptoms like low libido and irritability begin to diminish.
For men, aging is the biggest contributor to lower testosterone levels, though there are other causes like obesity, drug abuse, testicular injuries, and certain prescribed medications. Sometimes, long-term health conditions like AIDS, cirrhosis of the liver, and kidney disease can lower testosterone levels.
When a man's testosterone levels drop significantly, it alters his body's ratio of estrogen and testosterone. Lower testosterone levels cause more abdominal fat, which in turn results in increased aromatase, which converts even more testosterone into estrogen.
If you're concerned that you might have low T, you're not alone. Millions of men in the U.S. feel the same way. The best way to find out if your testosterone is low is to get your levels tested.
For sustainable testosterone replacement therapy benefits, you must consult with hormone doctors and experts like those you can find at Global Life Rejuvenation. That way, you can find the root cause of your hormone problems, and our team can craft a personalized HRT plan tailored to your needs.
One of the most common reasons that men choose TRT is because they have lost that "spark" with their partner. It's not easy for a man to hear that they're not performing like they used to. Intimacy is a powerful part of any relationship. When a once-healthy sex life dwindles, it can cause serious relationship issues.
The good news is that low libido doesn't have to be a permanent problem. TRT and anti-aging medicines help revert hormone levels back into their normal range. When this happens, many men have a more enjoyable life full of intimacy and sex drive.
Weak erections â it's an uncomfortable subject for many men in the U.S. to talk about. It's even worse to experience first-hand. You're in the midst of an intimate moment, and you can't do your part. Despite being perfectly normal, many men put blame and shame upon themselves when they can't achieve an erection. And while the inability to perform sexually can be caused by poor diet, obesity, and chronic health conditions, low testosterone is often a contributing factor.
Fortunately, weak erections are a treatable condition. The best way to regain your confidence and ability in bed is to speak with your doctor. Once any underlying conditions are discovered, options like TRT may be the best course of treatment.
Do you find it harder and harder to work out and lift weights in the gym? Are you having problems lifting heavy items that you once had no problem lifting?
Recent studies show that when men are inactive, they lose .5% of muscle strength every year, from ages 25 to 60. After 60, muscle loss doubles every decade. While some muscle loss is common as men age, a significant portion can be tied to low testosterone levels. When a man's T levels drop, so does his muscle mass.
Testosterone is a much-needed component used in gaining and retaining muscle mass. That's why many doctors prescribe TRT Pinecrest, FL, for men having problems with strength. One recent study found that men who increased their testosterone levels using TRT gained as much as 2.5 pounds of muscle mass.
Whether your gym performance is lacking, or you can't lift heavy items like you used to, don't blame it all on age. You could be suffering from hypogonadism.
If you're like millions of other men in their late 20s and 30s, dealing with hair loss is a reality you don't want to face. Closely related to testosterone decline and hormone imbalances, hair loss is distressing for many men. This common symptom is often related to a derivative of testosterone called DHT. Excess amounts of DHT cause hair follicles to halt their production, causing follicles to die.
Because hair located at the front and crown is more sensitive to DHT, it grows slower than other follicles and eventually stops growing permanently. Thankfully, TRT and anti-aging treatments for men in Pinecrest, FL, is now available to address hair loss for good.
While it's true that you can't change your genes, you can change the effects of low testosterone on your body. Whether you're suffering from thinning hair or hair loss across your entire head, TRT and other hormone therapies can stop hair loss and even reverse the process.
Also called "man boobs," gynecomastia is essentially the enlargement of male breast tissue. This increase in fatty tissue is often caused by hormonal imbalances and an increase in estrogen. For men, estrogen levels are elevated during andropause. Also called male menopause, andropause usually happens because of a lack of testosterone.
If you're a man between the ages of 40 and 55, and you're embarrassed by having large breasts, don't lose hope. TRT is a safe, effective way to eliminate the underlying cause of gynecomastia without invasive surgery. With a custom HRT and fitness program, you can bring your testosterone and estrogen levels back to normal before you know it.
Decreased energy was once considered a normal part of aging. Today, many doctors know better. Advances in technology and our understanding of testosterone show that low T and lack of energy often go hand-in-hand.
If you're struggling to enjoy activities like playing with your kids or hiking in a park due to lack of energy, it could be a sign of low T. Of course, getting tired is perfectly normal for any man. But if you're suffering from continual fatigue, a lack of enjoyment, or a decrease in energy, it might be time to speak with a doctor.
Whether you're having a tough time getting through your day or can't finish activities you used to love, TRT could help.
A study from 2011 showed that men who lose a week's worth of sleep can experience lowered testosterone levels â as much as 15%, according to experts. Additional research into the topic found almost 15% of workers only get five hours of sleep (or less) per night. These findings suggest that sleep loss negatively impacts T levels and wellbeing.
The bottom line is that men who have trouble sleeping often suffer from lower testosterone levels as a result. If you find yourself exhausted at the end of the day but toss and turn all night long, you might have low T.
TRT and anti-aging medicines can restore your T levels back to normal, which can help you sleep better with proper diet and exercise.
You're feeling down about everything, and there's no solid explanation for why you're in such a crummy mood. Your daily life is great and full of success, but you can't help but feel unexcited and unmotivated. If you're experiencing symptoms like these, you may be depressed â and it may stem from low testosterone.
A research study from Munich found that men with depression also commonly had low testosterone levels. This same study also found that depressed men had cortisol levels that were 67% higher than other men. Because higher cortisol levels lead to lower levels of testosterone, the chances of severe depression increase.
Depression is a very real disorder and should always be diagnosed and treated by your doctor. One treatment option gaining in popularity is TRT for depression. Studies show that when TRT is used to restore hormone levels, men enjoy a lighter, more improved mood. That's great news for men who are depressed and have not had success with other treatments like anti-depression medicines, which alter the brain's chemistry.
Ask anyone over the age of 50 how their memory is, and they'll tell you it wasn't what it used to be. Memory loss and lack of concentration occur naturally as we age â these aren't always signs of dementia or Alzheimer's.
However, what many men consider a symptom of age may be caused by low testosterone. A 2006 study found that males with low T levels performed poorly on cognitive skill tests. These results suggest that low testosterone may play a part in reducing cognitive ability. If you're having trouble staying on task or remembering what your schedule is for the day, it might not be due to your age. It might be because your testosterone levels are too low. If you're having trouble concentrating or remembering daily tasks, it could be time to talk to your doctor.
Why? The aforementioned study found that participating men experienced improved cognitive skills when using TRT.
Even though today's society is more inclusive of large people, few adults enjoy gaining weight as they age. Despite their best efforts, many men just can't shed the extra pounds around their midsections, increasing their risk of heart disease and cancer.
Often, male weight gain is caused by hormone imbalances that slow the metabolism and cause weight to pile on. This phase of life is called andropause and happens when there is a lack of testosterone in the body. Couple that with high cortisol levels, and you've got a recipe for flabby guts and double chins.
Fortunately, TRT treatments and physician-led weight loss programs can correct hormone imbalances and lead to healthy weight loss for men.
Sermorelin is a synthetic hormone peptide, like GHRH, which triggers the release of growth hormones. When used under the care of a qualified physician, Sermorelin can help you lose weight, increase your energy levels, and help you feel much younger.
Human growth hormone (HGH) therapy has been used for years to treat hormone deficiencies. Unlike HGH, which directly replaces declining human growth hormone levels, Sermorelin addresses the underlying cause of decreased HGH, stimulating the pituitary gland naturally. This approach keeps the mechanisms of growth hormone production active.
Benefits of Sermorelin include:
Ipamorelin helps to release growth hormones in a person's body by mimicking a peptide called ghrelin. Ghrelin is one of three hormones which work together to regulate the growth hormone levels released by the pituitary gland. Because Ipamorelin stimulates the body to produce growth hormone, your body won't stop its natural growth hormone production, which occurs with synthetic HGH.
Ipamorelin causes growth hormone secretion that resembles natural release patterns rather than being constantly elevated from HGH. Because ipamorelin stimulates the natural production of growth hormone, our patients can use this treatment long-term with fewer health risks.
One of the biggest benefits of Ipamorelin is that it is suitable for both men and women. It provides significant short and long-term benefits in age management therapies, boosting patients' overall health, wellbeing, and outlook on life. When growth hormone is produced by the pituitary gland using Ipamorelin, clients report amazing benefits.
Some of those benefits include:
Whether you are considering our TRT services, HRT for women, or our growth hormone peptide services, we are here to help. The first step to turning back the hand of time starts by contacting Global Life Rejuvenation.
Our friendly, knowledgeable TRT and HRT experts can help answer your questions and walk you through our procedures. From there, we'll figure out which treatments are right for you. Before you know it, you'll be well on your way to looking and feeling better than you have in years!973-587-8638
You’ve probably eaten a heaping plate of perfectly fluffy scrambled eggs and divinely crispy bacon at this cramped diner inside an unassuming strip mall in Pinecrest at least once.You probably waited on a bench outside in the scorching heat, too.The hearty food, reasonable check, quirky ambiance and even a little attitude from the sassy servers were well worth your time.We’re, of course, talking about Wagons West, a booth-lined, dimly lit comfort food fixture in the leafy Pinecrest neighborhood for more than ...
You’ve probably eaten a heaping plate of perfectly fluffy scrambled eggs and divinely crispy bacon at this cramped diner inside an unassuming strip mall in Pinecrest at least once.
You probably waited on a bench outside in the scorching heat, too.
The hearty food, reasonable check, quirky ambiance and even a little attitude from the sassy servers were well worth your time.
We’re, of course, talking about Wagons West, a booth-lined, dimly lit comfort food fixture in the leafy Pinecrest neighborhood for more than four decades.
Now it can be yours. The 1,574 square foot restaurant is for sale.
“Your chance to own a piece of Miami history! Let’s make a deal,” says a recent tiny ad in the local community newspaper The Pinecrest Tribune.
Owner/co-founder Walter “Wally” Muench is ready to pack it in, just like his older brother and co-founder Steve, who retired to the Villages in Central Florida a few years back.
“We’re under the radar about the sale,” the 75-year-old said. “But I think it’s time.”
The owner did not disclose the price and is asking for serious inquiries only.
The gregarious Muench (that smiley guy in the Hawaiian shirt who doles out the menu, runs your credit card and cracks jokes) wants to see his kids more, and basically to do what retired people do, or rather, don’t do.
The divorced South Miami resident has three grown sons — one a budding doctor in New York City, and the other two live in California — so he travels to see them as much as possible.
“They all worked here at one point or another,” Muench says of his kids. “They left the nest about seven years ago to pursue their own things.”
The German native and his now 80-year-old sibling opened the homey family spot at the Suniland Shopping Center back in 1981, a decade after arriving in South Florida. Rent was $900, now it’s $16K (hence, a few recent price hikes on the grub).
“We were trying to figure out an idea for a business. We thought, ‘People gotta eat,’ ” Muench said with a laugh.
The men operated two other small restaurants in the area that are long gone, until striking gold with this strip mall gem.
When they first opened, Wagons West was a Greek diner, the Suniland Luncheonette.
“It was really Gothic looking, with black chandeliers, the works,” recalls Muench. “I took down the sign myself in April 1981.”
The new owners immediately set out to transform the decor, turning it into the Wagons West its fans know today. As for the cowboy theme, they decided to model the greasy spoon after a feed store seen in Horse Country, and give it a lawyer-approved name that was a riff on the Chuck Wagon chain.
“We decorated it ranch style, with a cast iron skillet hanging on the wall,” he said of the myriad knickknacks that have changed very little over the years.
These days, a giant, stuffed Mickey Mouse sitting on a bridge chair will greet you at the door by Muench’s host stand, filled with mementos like a vase of sand from Miami Beach, a well-worn American flag and a handwritten note: “Sign in here. Plz be patient.”
Though this dimly lit joint, jammed floor to ceiling with kitsch — framed posters with sassy sayings like “Eat it or go hungry” and “Complaints will be heard on the second Tuesday of next week” adorn the walls — looks like it got stuck in a time warp, the crowds keep coming.
On any given weekend, from about 11 a.m. to 3 p.m., there’s up to a one hour wait to grab a four egg omelet, stacked club sandwich or stick to your ribs meatloaf.
The secret to the somewhat grubby eatery’s success, even in the cellphone era? Muench has an idea. Hunger pangs do not evolve.
“Give people good food with good service at a reasonable price,” he said. “We always managed to never compromise on the product: If you make something you can’t eat yourself, don’t serve it. That’s always been our policy. Don’t put something out that you’re ashamed of. There’s no secret formula.”
Another key? The Pinecrest resident is usually there right on site, or just a phone call or short drive away, if there’s an issue the longtime staffers can’t solve. He’s also been known to sit down and chew the fat with diners and chitchat (ahem, gripe) about current affairs.
And it doesn’t hurt that Muench, a self-taught chef, knows his way around a kitchen.
“I learned by doing it by the seat of my pants. I even cooked up until recently. Little by little, I stepped back. I’m not as fast as I used to be but I can do it in a pinch.”
On a typical day, the guys in the back will cook on average 300 or 400 eggs, on a weekend, between 700 and 800 from 6:30 a.m. to 3 p.m. Some people come in for breakfast and then return for lunch.
“We’re like ‘Cheers,’ where everybody knows your name,” Muench says. “And we’re still kind of old fashioned, even today.”
He hopes the new owners will maintain his hands-on approach, respect for comfort food diner fare and keep some old- time staffers, some of whom have been clocking in for almost 40 years. (One veteran waitress is still there from the old days. Vivian Schroder, from Brooklyn, is a little “salty,” but “people love her,” says her boss.)
Longtime customer Hal Feldman has been going there over 20 years.
The realtor (who does not work for Muench) says that he believes the diner’s name and history will be the sell.
Feldman, whose go-to order is an open faced turkey sandwich, also hopes the new owners retain the tradition.
“Wagons West is a celebration of Americana, a dying breed,” he said. “The clientele that goes there is not the type that would regularly go to ‘name your favorite fast food’ place. They enjoy eating there, who they’re going to see, and that the restaurant is an extension of a family.”
Feldman also gives a lot of credit to the owner, who has become a friend and confidant to many loyal patrons.
“Like any small business, it’s very difficult to compete against the big guys. Walter is a survivor,” Feldman says. “The reality is he has put his whole life into that restaurant, and he’s deserving of heading into the sunset.”
Muench has a message for anyone who decides to buy his baby.
“The ideal situation would be to turn it over to someone who wants to do this right and maintain it,” he said, without disclosing a price. “There’s a good customer base for a strip mall in an affluent area. If you do it right, you could make it work.”
Interest piqued? Text Wally at 305-283-2028. He’ll probably answer on the second ring, depending on the time of day.
This story was originally published July 6, 2022 6:00 AM.
UPDATED, April 18, 5:05 p.m.: Robert DerHagopian, one of Miami’s preeminent breast cancer surgeons and oncologists, sold his Pinecrest house for $5.7 million.DerHagopian and his wife, Kelly DerHagopian, sold the six-bedroom property at 10061 Southwest 60th Court to Derek and Lisa Gonzalez, according to records. The buyers took out a $4.3 million loan from Port Saint Lucie-based Sprout Mortgage.Michael Martinez of One Sotheby’s International Realty represented the sellers, and Yanery Deitermann of Fl...
UPDATED, April 18, 5:05 p.m.: Robert DerHagopian, one of Miami’s preeminent breast cancer surgeons and oncologists, sold his Pinecrest house for $5.7 million.
DerHagopian and his wife, Kelly DerHagopian, sold the six-bedroom property at 10061 Southwest 60th Court to Derek and Lisa Gonzalez, according to records. The buyers took out a $4.3 million loan from Port Saint Lucie-based Sprout Mortgage.
Michael Martinez of One Sotheby’s International Realty represented the sellers, and Yanery Deitermann of Florida Capital Realty represented the buyers.
Derek Gonzalez is the founder and owner of Pilo’s tacos and tequila restaurants. Pilo’s Street Tacos opened in Brickell in 2017, and Pilo’s Tequila Garden opened in Wynwood in 2020, according to Pilo’s website. The restaurant also had a popup open in summer 2021 in Southampton in the Hamptons.
The Gonzalezes also own a four-bedroom house in Miami’s Coconut Grove, records show.
DerHagopian is affiliated with the Miami Cancer Institute at Baptist Health South Florida.
He and his wife bought the property for $2.3 million in 2013, according to a deed.
The two-story house spans 7,461 square feet and has six and a half baths, according to Realtor.com. It was constructed in 2003 on almost 1 acre. It has marble floors, a three-car garage, a pool and spa, according to Realtor.com.
Pinecrest, south of Miami, has mostly single-family homes, including many on the high end. The village scored a record sale in May when Thomas Moorehead, the first African American Lamborghini, McLaren and Rolls-Royce dealer, paid $9.8 million for the property at 9121 Southwest 62nd Court. Moorehead also is a real estate developer.
In September, Miami Heat basketball player Jimmy Butler sold a five-bedroom house at 8975 Southwest 63rd Court in Pinecrest to venture capitalist Reshma Sohoni for $7.1 million.
The South Florida housing market has been thriving since the onset of the pandemic, as the shift to working from home prompted entrepreneurs and employees to seek more comfortable living arrangements.
Other local restaurateurs who bought homes recently include Pura Vida owners Omer and Jennifer Horev, who paid almost $7 million for a waterfront house at 5401 Pine Tree Drive in Miami Beach in March 2021.
Another Citadel executive is making the move to Miami, fueling a payday for the sellers of one Pinecrest home.Scott Hazard, a former Google executive who joined the Chicago-based hedge fund as chief workplace officer in May, paid about $6.5 million for a home on Southwest 94th Street.Hazard bought the five-bedroom, 5,900-square-foot Pinecrest house from Marco and Gisell Torres for just over $1,000 per square foot, property records show....
Another Citadel executive is making the move to Miami, fueling a payday for the sellers of one Pinecrest home.
Scott Hazard, a former Google executive who joined the Chicago-based hedge fund as chief workplace officer in May, paid about $6.5 million for a home on Southwest 94th Street.
Hazard bought the five-bedroom, 5,900-square-foot Pinecrest house from Marco and Gisell Torres for just over $1,000 per square foot, property records show.
Citadel employees have been on the hunt for homes in South Florida ever since their billionaire boss, Ken Griffin, announced in June that he was moving the hedge fund and the financial services firm, Citadel Securities, to Miami. Griffin himself has been assembling residential properties in South Florida for more than a decade.
The timing worked out for the sellers of the Pinecrest home, who paid just $3.4 million for it in April 2021 and sold it to Hazard for nearly double that.
The non-waterfront house was on the market with One Sotheby’s International Realty’s Michael Martinez, while Gloria Arango of Coldwell Banker represented the buyer, according to Zillow.
The two-story house, on a 0.7-acre lot with a pool and summer kitchen, was completed last year.
After announcing the move to Miami, Citadel scored space at the under-construction 830 Brickell office tower and expanded its existing office at the Southeast Financial Center downtown while Sterling Bay builds its new headquarters on another bayfront site in Brickell.
Citadel employees have been working with top real estate agents across South Florida to find homes, which are in short supply. Records show that in May, a Citadel Securities partner bought an under-construction home in north Coconut Grove.
Citadel has also been expanding its footprint in Brickell. In addition to being linked to the buyer of the development site at 1201 Brickell Bay Drive, which sold for a record $363 million, and the $286.5 million sale of the office building across the street at 1221 Brickell Bay Drive, Citadel recently paid $20 million for the apartment building at 1250 Brickell Bay Drive and an adjacent lot.
LARGO — The city of Largo owns and operates one golf course. By the end of the year, it could own two.However, it has no intention of keeping the Pinecrest Golf Course property at 1200 Eighth Ave. SW a golf course.City commissioners on May 17 approved an agreement with OB Golf Investment Group LLP to purchase the 26.7-acre property across the street from Taylor Park for $600,000.The goal, City Manager Henry Schubert said, is to create a stormwater retention area that could aid private construction in the area to th...
LARGO — The city of Largo owns and operates one golf course. By the end of the year, it could own two.
However, it has no intention of keeping the Pinecrest Golf Course property at 1200 Eighth Ave. SW a golf course.
City commissioners on May 17 approved an agreement with OB Golf Investment Group LLP to purchase the 26.7-acre property across the street from Taylor Park for $600,000.
The goal, City Manager Henry Schubert said, is to create a stormwater retention area that could aid private construction in the area to the north.
“The proposed use of the property is as regional stormwater retention, which would facilitate redevelopment within the Medical Arts District, which lies immediately to the north of this site,” he said.
The Medical Arts District is an area that encompasses about 37 acres in the western portion of Largo’s West Bay Drive Community Redevelopment District and includes some of the city’s largest employers like HCA Florida Largo Hospital, formerly known as Largo Medical Center.
The Pinecrest property could also serve as a passive park with similar features as Bayhead Park, he said.
The road to this agreement began in 2019 when the city approached the owner with an offer based on an appraisal, Schubert said.
“It’s taken quite a while, a long period of discussion for them to come around to this purchase price,” he said.
The deal is far from done, though.
The city now has 240 days to conduct an extensive due diligence process to find out if a stormwater pond is even feasible on the property.
To find the answer, the city will pay roughly $229,000 for a feasibility study and analysis, which the commission must approve next month.
Ann Rocke, an engineer with the city, said the analysis would be in two phases.
The first phase would include a series of tests to determine if the site can be converted to a stormwater pond. It would also include an environmental and contamination assessment.
If the site can be converted, phase two would be concept planning that includes the possibility of extending 13th Street to the south, which could connect West Bay Drive to Eighth Avenue. The analysis would also determine the feasibility of including an urban trail network and passive park features.
Mayor Woody Brown expressed some reservations about the potential of creating a cut-through roadway, but said the changes could create some improved connections for pedestrians.
“I would suspect that there would be some vastly improved pedestrian connectivity if we’re going to connect Taylor Park to the Medical Arts District and to our downtown,” Brown said.
Schubert said it could be good for nearby businesses as well.
At the start of the process, he said the city had discussions with property owners to the north, but they didn’t make any commitments about whether they would use a new stormwater retention area.
“We think it would be significantly advantageous for them to do so as they redevelop their properties and add additional buildings, additional impervious surface because they wouldn’t have to build their own retention ponds,” he said.
Therefore, he said staff intends to speak with them again soon to make them aware of the city’s intentions so they can plan accordingly.
Brown asked Schubert to explain how the city has been able to acquire 26 acres of prized green space in Pinellas County for just $600,000 — a price that hasn’t gone up in the past three years.
“It’s an interesting piece of property,” Schubert said. “There are no development rights on this golf course.”
He explained that back in the 1980s when the neighboring assisted-living facility was built on the eastern side of the course, all of the development rights were used for the parcel with the building. That facility has had several names since, but it is now called Elison Senior Living of Pinecrest.
“The golf course itself has no development rights,” he said. “Once they’re stripped off, you never can put development rights back on the property. So the only thing the property can really be used for is a recreation open space use, such as a golf course or, like in this case, stormwater retention.”
Alta Development and its partners paid a combined $11.2 million for a pair of properties near Pinecrest in Miami-Dade County where they plan to set up a multifamily development.Limestone KFC Miami LLC, an affiliate of Limestone Asset Management, sold the 19,845-square-foot property with a 2,193-square-foot KFC restaurant at 9690 S. Dixie Highway for $5.5 million to Maestra Dadeland LLC, a partnership between ...
Alta Development and its partners paid a combined $11.2 million for a pair of properties near Pinecrest in Miami-Dade County where they plan to set up a multifamily development.
Limestone KFC Miami LLC, an affiliate of Limestone Asset Management, sold the 19,845-square-foot property with a 2,193-square-foot KFC restaurant at 9690 S. Dixie Highway for $5.5 million to Maestra Dadeland LLC, a partnership between Henry Pino of Miami-based Alta Development and the Maestra development group in Chile. Joseph Sanz of Orion Real Estate Group represented the seller in the deal.
Limestone bought the property for $960,000 in 2014, so it sold for a more than 1,000% gain.
“This was a unique opportunity for us to sell this property to a buyer for a price that likely won’t come around again for a very long time, if ever,” said Ibrahim Al-Rashid, chairman of Limestone, which is an affiliate of Orion Real Estate Group.
Meanwhile, RJS Wash LLC, managed by Carole Saks in Naples, sold the 21,637-square-foot property with a 1,916-square-foot car wash at 9650 S. Dixie Highway for $5.7 million to the same developer, Pino said. It last traded for $500,000 in 1980.
Pino has proposed developing the site with Pinecrest Walk, an 18-story tower with 306 apartments and about 367 parking spaces.
The amenities would include a pool, a fitness center, a business center and a dog care facility. It was designed by Coral Gables-based Behar Font & Partners.
Pino said he plans to break ground on Pinecrest Walk in the fourth quarter of 2022.
Alta Development is also constructing a mixed-use project on the neighboring site at 9600 S. Dixie Highway.
There has been a multifamily development boom in Miami-Dade as developers aim to capitalize on record increases in rental rates.
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Ranked by new square feet developed in South Florida in 2020
|Rank||Company||new square feet developed in South Florida in 2020|
|2||Butters Construction & Development||1.50 million|
|3||Bridge Industrial||1.11 million|
|View This List|