Naftali Group Sells JEM Sky Villa 1 Multifamily In Miami For $9 Million

The property involved in this transaction is a multifamily asset located at 1016 Northeast 2nd Avenue in the Miami market. It was sold for $9,000,000 with a total square footage of 3,627, which equates to a price per square foot of approximately $2,481.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,000,000
• Sale Date: 11/19/2024
• Address: 1016 Northeast 2nd Avenue
• Market: Miami
• Seller: Naftali Group
• Broker: OneWorld Properties
• PPSF: $2,481

This transaction marks a significant achievement for Naftali Group, as they sold the luxurious JEM Sky Villa 1 at JEM Private Residences shortly after its market launch. The deal also sets a new record in Miami Worldcenter.