Last month, Ruiz sided with Dunn and granted a temporary injunction that bars the transfer of the property, at least for now.
The property is a developer’s dream and is valued at more than $67 million, according to a 2025 assessment by the Miami-Dade County property appraiser. One real estate expert wagered that the parcel — one of the last undeveloped lots on an iconic stretch of palm tree-lined Biscayne Boulevard — could sell for hundreds of millions of dollars more.
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