Carlos M. Faraco & Xiomara B. Faraco Sell Commercial Asset In Miami For $3.6M

The property involved in this transaction is a commercial asset located at 6701 Southwest 8th Street in the Miami market. The sale price for this property was $3,600,000, encompassing a total area of 5,531 square feet, which translates to a price per square foot of $650.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $3,600,000
• Address: 6701 Southwest 8th Street
• Market: Miami
• Square Footage: 5,531
• Price Per Square Foot: $650
• Seller: Carlos M. Faraco & Xiomara B. Faraco
• Seller's Representative: Miguel Solis & Fernando Rodriguez - Douglas Elliman

Key individuals in this deal include sellers Carlos M. Faraco and Xiomara B. Faraco, who were represented by Miguel Solis and Fernando Rodriguez from Douglas Elliman. This representation was pivotal in facilitating the sale of the property in the competitive Miami commercial real estate market.