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Marcus & Millichap Sells Plaza 170 Condo Portfolio In North Miami Beach For $6.8M

Property Image
SOLD
$6,785,000
Nicholas McAndrew
Felipe Echarte
Evan Kristol

Florida

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Condo
Sold 11/29/2023
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Property Image
SOLD

Marcus & Millichap Sells Plaza 170 Condo Portfolio In North Miami Beach For $6.8M

955 Northeast 170th Street & 995 Northeast 170th Street

See Similar Deals
Condo
Sold 11/29/2023
Nicholas McAndrew
Felipe Echarte
Evan Kristol
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Condo
Transaction Type:Sale

Marcus & Millichap has sold Plaza 170, a condo portfolio located at 955-995 Northeast 170th Street in North Miami Beach, Florida. The portfolio consists of two U-shaped buildings with a total of 38 units. The property's unique location, excellent unit mix, and spacious layouts attracted investors. The sale price for Plaza 170 was $6,785,000, with a per unit price of $178,553.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $6,785,000
  • Units: 38
  • Price per Unit: $178,553
  • Address: 955-995 Northeast 170th Street, North Miami Beach, FL
  • Market: North Miami Beach

Evan Kristol, Felipe Echarte, and Nicholas McAndrew from Marcus & Millichap represented the parties involved in the deal.

Players

Evan Kristol
Marcus & Millichap
Evan Kristol
58 deals$409.7M volume
BROKER
Felipe Echarte
Marcus & Millichap
Felipe Echarte
43 deals$329.1M volume
BROKER
Nicholas McAndrew
Marcus & Millichap
Nicholas McAndrew
16 deals$68M volume(954) 245-3526
BROKER

Details

SOLD
IMAGE: Felipe Echarte, Evan Kristol & Nicholas McAndrew DATE: 11/29/2023 ADDRESS: 955-995 Northeast 170th Street MARKET: North Miami Beach ASSET TYPE: Condo BROKERS: Evan Kristol (@Evan.Kristol), Felipe Echarte (@Echarte1) & Nicholas McAndrew (@Nickmc561) - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $6,785,000 UNITS: 38 ~ PPU: $178,553 NOTE: Marcus & Millichap has sold Plaza 170 in North Miami Beach, Florida, for $6,785,000. The condo portfolio, with 38 units in two U-shaped buildings, attracted investors with its unique location, excellent unit mix, and spacious layouts, according to Felipe Echarte, Senior Vice President of Investments.

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