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MIAMI — FA Commercial has arranged the $8.7 million sale of Biscayne 88 Terrace, a mixed-use property featuring multifamily and retail components in northeast Miami. The property features three apartment buildings comprised of 36 residential units that are fully occupied and 15,624 square feet of retail space that is 95.4 percent leased. The property also includes undeveloped land that is zoned for multifamily. Biscayne 88 Terrace’s tenant roster includes Papa John’s Pizza and USA Nail Salon. Fabio Faerman of FA Commercial represented the buyer, a private investment group from Argentina, in the transaction.