Costantino Cicchelli And Stefano Garofoli Acquire 14-Unit Multifamily Property In Miami For $2.125M

The multifamily property located at 1472 Northwest 14th Street in Miami has been sold for a total price of $2,125,000. The property consists of 14 units, with each unit having a price per unit (PPU) of $151,786. The total square footage of the property is 9,648, resulting in a price per square foot (PPSF) of $220.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,125,000
• Units: 14
• PPU: $151,786
• Square Footage: 9,648
• PPSF: $220

The buyers of the property are Constantino Cicchelli and Stefano Garofoli. The seller of the property is Daniel Grois. Constantino Cicchelli and Stefano Garofoli were represented by Frank Rodriguez Melo from Cedano Realty Advisors. On the other hand, Tony Arellano from DWNTWN Realty Advisors represented Daniel Grois.