Felipe Viel & Jose Maria De Guzman Acquire Multifamily Property In Miami Beach For $2.54M

A multifamily property located at 1239 15 Street in Miami Beach has been sold in a recent transaction. The property consists of 12 units with a total square footage of 11,500. The asking price for the property was $3,050,000, and it was ultimately sold for $2,540,000, resulting in a price per unit (PPU) of $211,667 and a price per square foot (PPSF) of $221.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,540,000
• Address: 1239 15 Street, Miami Beach
• Market: Miami Beach

The buyer of the property is Felipe Viel and Jose Maria De Guzman, while the seller is Cima Management Corp. Representing the buyers in this transaction is Anne Marie Ritter from Viel & De Guzman Inc, and representing the seller is Gema Ruiz.

This sale transaction was completed on September 2, 2021. The property offers an attractive investment opportunity with its 12 units and a total square footage of 11,500. With a sale price of $2,540,000, the buyers have acquired a valuable asset in the Miami Beach market.