Julio Marrero Acquires Multifamily In Miami Beach For $2.014M

The multifamily property located at 1324 Euclid Avenue in Miami Beach was sold for $2,014,000. The property consists of 10 units with a total square footage of 7,270, resulting in a price per unit of $201,400 and a price per square foot of $277. The transaction took place on June 24, 2024, with Julio Marrero from 240 South Hibiscus acquiring the property from Vima Vilimek of Viroma Inc.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,014,000
• Units: 10
• Price Per Unit: $201,400
• Square Footage: 7,270
• Price Per Square Foot: $277
• Address: 1324 Euclid Avenue
• Market: Miami Beach

Carlos M. Sotolongo of South Florida Properties, Inc., represented Julio Marrero in the transaction as the buyer's representative. On the seller's side, Michael Ugarte from Weichert Realtors Capella Estates acted as the seller's representative. For off-market multifamily deals in Miami, Florida, interested parties can reach out to Carlos Sotolongo at 305-479-3332, as indicated in a note from the buyer's representative.