A newly constructed Class A rental apartment in Doral has sold in a $102.5 million deal as the submarket is quickly becoming a desirable area in South Florida. The transaction marks one of the highest sale prices in Doral’s history. 

“Doral’s rapid growth has been exciting to watch,” said developer Masoud Shojaee, president and chairman of the board at Shoma Group, in a press release. “South Florida has always served as a focal point for excellence in lifestyle and development, and I am pleased to see Doral joining the conversation as a desirable, opportunity-rich location to build South Florida’s future.”