SOLD
Dezer Platinum Realty Acquires South Beach MultiFamily On West Ave In Miami Beach
1240 11th Street
MultiFamily
9,858 SF
9,858 SF
Sold 250 days ago
Summary
Sale
FLORIDA
MultiFamily
9,858 sqft
A multi-family property located at 1240 11th Street in Miami Beach has been sold for a price of $5,400,000. This South Beach multi-family building is situated on West Ave and spans a total area of 9,858 square feet. The property consists of 12 units, making the price per unit $450,000. The price per square foot is estimated at $548.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $5,400,000
- Units: 12
- Price per Unit (PPU): $450,000
- Square Footage (SF): 9,858
- Price per Square Foot (PPSF): $548
- Address: 1240 11th Street, Miami Beach
- Market: Miami Beach
In this off-market sale, the buyer's representative was Demian Pack of Dezer Platinum Realty. On the other hand, the seller's representatives were Mike Tewel and Daniel Wolf from Buyers Realty Miami. The transaction was facilitated between the buyer and the seller through their respective agents.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Daniel Wolf, Mike Tewel & Demian Pack
DATE: 08/23/2023
ADDRESS: 1240 11th Street
MARKET: Miami Beach
ASSET TYPE: MultiFamily
BUYER'S REP: Demian Pack (@PackRealEstate) - Dezer Platinum Realty (@DezerPlatinumRealty)
SELLER'S REP: Mike Tewel (@MikeTewel) & Daniel Wolf (@DwolfCommercial) - Buyers Realty Miami (@BuyersRealtyMiami)
SALE PRICE: $5,400,000
UNITS: 12 ~ PPU: $450,000
SF: 9,858 ~ PPSF: $548
NOTE FROM SELLER'S REP: This South Beach multi-family building is located on West Ave in South Beach and traded in a UNPBLSHD Off-Market sale.View on map
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Address1240 11th Street
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