A Miami-Dade Circuit judge on Thursday approved a sale agreement for the nearly 2-acre oceanside property where the 12-story Champlain Towers South condo collapsed in Surfside, killing 98 people. If no higher bids are approved, the property at 8777 Collins Ave. will be sold for $120 million and turned over to billionaire real estate developer Hussain Sajwani by spring 2022 for the construction of a new luxury high-rise. Sajwani, who owns the Dubai-based DAMAC Properties, is currently the lone bidder for the land and has signed a contract requiring he pay a $16 million deposit. Despite some objections from family members of the victims over the speed of the sale process, the judge overseeing the fate of the property as part of a class-action lawsuit has sought to sell the property as quickly as possible in order to compensate property owners who lost their homes and the families of those who died in the June 24 collapse.

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