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MIAMI BEACH, FLA. — ARA has arranged the sale of a 1.1-acre waterfront development site at 6800 Indian Creek Drive in Miami Beach for approximately $11.3 million. The site has previously been approved for an 80-unit, 14-story residential building with 18 proposed boat slips. ARA represented the seller, Windsor Capital, in the transaction. A private real estate investment group purchased the site.