A Cushman & Wakefield team in Fort Lauderdale closed the $34 million sale of two Miami Beach properties, signaling more investment in properties on the barrier island.

A.D.M.E. Real Estate LLC sold the 52,133-square-foot vacant property at 550 Ninth St., which used to be an assisted living facility, to 550 Ninth LLC for $17.6 million, according to the Miami-Dade County property appraiser’s office. The deal closed Feb. 15.

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