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

Property Image
SOLD
$2,080,000

Florida

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MultiFamily7,320 SF
Sold 05/05/2025
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Property Image
SOLD

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

151 Southwest 18th Avenue

See Similar Deals
MultiFamily7,320 SF
Sold 05/05/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$284
Total Square Footage:7,320 SF
Transaction Type:Sale

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.

Players

Joseph Thomas
Marcus & Millichap
Joseph Thomas
53 deals$372.9M volume
BROKER

Details

SOLD
IMAGE: Joseph Thomas DATE: 05/05/2025 ADDRESS: 151 Southwest 18th Avenue MARKET: Miami ASSET TYPE: Multifamily ~ ACRES: 0.28 BUYER: 151 Investments LLC SELLER: 151 SW 18 Avenue LLC BROKER: Joseph Thomas (@ThomasDuncanTeam) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $2,080,000 UNITS: 8 ~ PPU: $260,000 SF: 7,320 ~ PPSF: $284 NOTE: 151 Investments LLC acquired an 8-unit, 7,320 SF multifamily property at 151 SW 18th Ave in Miami for $2.08M ($284.15/SF) from 151 SW 18 Avenue LLC. The deal, brokered by Joseph Thomas of Marcus & Millichap, closed on 5/5/25 with no debt recorded.

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