DB Peninsula 101 Acquires Multifamily Property In Miami For $2.78M

A multifamily property located at 100 NW 16th Ave and 2110 SW 4th Street in Miami has been sold for a total price of $2,784,000. The property consists of 16 units with an average price per unit of $174,000. The total square footage of the property is 8,178, with a price per square foot of $340.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,784,000
• Units: 16
• Average Price per Unit: $174,000
• Total Square Footage: 8,178
• Price per Square Foot: $340
• Market: Miami

The buyer of the property is DB Peninsula 101, 101 Peninsula, Arias Family Property represented by Carlos Diaz and Antonio Arias. The seller is 211 Savior and M1923 represented by Christian Daniel. Carlos Sotolongo, from South Florida Properties, acted as the buyer's representative, and Alejandro Gonzalez from Marcus & Millichap served as the seller's representative. Julio Marrero, Esq. from Marrero, Chamizo, Marcer Law LP provided legal counsel for the transaction.

Carlos Sotolongo and Julio Marrero were responsible for the image accompanying the property transaction.