Marseille Property LLC Acquires 16-Unit Multifamily In Miami Beach For $3.03M

Marseille Property LLC has acquired a multifamily property located at 1120-1130 Marseille Dr in Miami Beach. The transaction was facilitated by broker, Ingrid Andres, from The Island Your Real Estate Company. The property consists of 16 units and spans across 13,881 square feet. The sale price for the property was $3,030,000, resulting in a price per unit of $189,375 and a price per square foot of $218.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,030,000
• Address: 1120-1130 Marseille Dr, Miami Beach
• Market: Miami Beach
• Units: 16
• Price per Unit: $189,375
• Square Footage: 13,881
• Price per Square Foot: $218

This transaction was completed in 4 months, indicating a quick turnaround for the buyer, Marseille Property LLC. The seller, Ariel Gorelik, entered into the deal facilitated by Ingrid Andres from The Island Your Real Estate Company.