Marlene Hernandez Purchases Multifamily Property At 13185 Emerald Drive For $1 Million

This multifamily property located at 13185 Emerald Drive in North Miami consists of four different structures directly on the water. The property sold for $1 million and has a total square footage of 2,300, resulting in a price per square foot of $434. The buyer acquired the property with a seller contribution of $40,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Units: 4
• Price Per Unit: $250,000
• Square Footage: 2,300
• Price Per Square Foot: $434
• Buyer: Marlene Hernandez
• Seller: Dawn Teresa Price Sstadford
• Buyer's Representative: Carlos Fleites - London Foster Realty

This transaction allowed the buyer, Marlene Hernandez, to diversify her portfolio, which now includes residential, multifamily, and commercial properties. The representation in the deal was provided by Carlos Fleites from London Foster Realty.