Tyron Birkmeir & Paul Coelho Acquire Multifamily Asset In Coral Gables For $42.5M

A multifamily property located at 1501 SW 37th Avenue in Coral Gables, Miami has been sold for a total of $42,500,000. The property consists of 100 units with an average price per unit of $425,000. The total square footage of the property is 89,752, resulting in a price per square foot of $474. The sale was completed on 10/06/2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $42,500,000
• Address: 1501 SW 37th Avenue
• Market: Coral Gables, Miami

Tyron Birkmeir and Paul Coelho, representing Lurra Capital, purchased the property from Thomas Ryan and Jeff Cohen, who were represented by Calum Weaver, Robert Given, Troy Ballard, Zack Sackley, and Perry Synanidis of Cushman & Wakefield.