151 Investments LLC Acquires Multifamily Property In Miami From 151 SW 18 Avenue LLC For $2.08M

The property asset involved in this transaction is an 8-unit multifamily building located at 151 Southwest 18th Avenue in Miami. The total building size is 7,320 square feet, and it occupies an area of 0.28 acres. The property was sold for $2,080,000, equating to a price per unit of $260,000 and a price per square foot of $284.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,080,000
• Buyer: 151 Investments LLC
• Seller: 151 SW 18 Avenue LLC
• Broker: Joseph Thomas - Marcus & Millichap
• Units: 8
• Square Footage: 7,320
• Price Per Unit: $260,000
• Price Per Square Foot: $284
• Date of Transaction: 05/05/2025
• Market: Miami
• No debt recorded.

Joseph Thomas of Marcus & Millichap represented the transaction, facilitating the sale between the buyer, 151 Investments LLC, and the seller, 151 SW 18 Avenue LLC. The deal concluded on May 5, 2025.