Miami Beach spec home hits market: $6.5M

The newly built home, at 2901 Flamingo Drive, was developed by Michael Capponi, chairman and co-founder of Capponi Group Corp. It is being listed by Oren Alexander , co-founder of the Alexander Team at Douglas Elliman. “It’s within 500 yards of the Edition and the Faena,” Alexander told The Real Deal. “You can walk, because there is a walking bridge next to the property.”

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