Colliers International Facilitates $7.5M Sale Of MultiFamily Property In Hialeah

A MultiFamily property located at 1033 E 25th Street in Hialeah has been sold for a total of $7.5 million. The property spans 41,751 square feet, resulting in a price per square foot of $180.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $7,500,000
• Address: 1033 E 25th Street, Hialeah
• Market: Hialeah

The buyers of the property were Frank Espinosa, while the sellers were Marlon Gomez. The sale was facilitated by Virgilio Fernandez and Mitash Kripalani from Colliers International. Virgilio Fernandez represented the sellers and helped secure a beneficial contract. The transaction involved a formal listing process, which resulted in multiple record-priced offers for the area. Additionally, one of the property co-owners exercised their Right of First Refusal, acquiring the interest of their partner.

If you are interested in buying or selling a property and need assistance in reaching your investment goals, you can contact Virgilio Fernandez at virgilio.fernandez@colliers.com.