Mauricio Molina Of R & M Properties Miami Acquires Mixed-Use Asset In Palmetto Bay For $1.8M

The property asset involved in the transaction is a mixed-use establishment located at 16340 Southwest 89th Place in the Palmetto Bay market. The sale price of the property was $1,800,000, covering an area of 4,446 square feet, translating to a price per square foot of $404.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,800,000
• Address: 16340 Southwest 89th Place
• Market: Palmetto Bay
• Square Footage: 4,446
• Price per Square Foot: $404
• Buyer: Mauricio Molina - R & M Properties Miami
• Seller: Alix J M Apollon & Josaine B Apollon
• Buyer's Representative: Diana Stegarescu - Luxe Properties
• Seller's Representative: Michael Martinez - Sotheby's International Realty

The transaction involved key individuals such as the buyer Mauricio Molina, representing R & M Properties Miami, and sellers Alix J M Apollon and Josaine B Apollon. The deal was brokered with the assistance of Diana Stegarescu from Luxe Properties acting on behalf of the buyer and Michael Martinez from Sotheby's International Realty representing the sellers.