The multifamily property located at 1511 Northeast 8th Street in Homestead was recently sold for $5,555,000. This property encompasses 39 units, with a cost per unit of $142,436. The total square footage of the property is 25,618, translating to a price per square foot of $217.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,555,000
• Units: 39
• Price Per Unit: $142,436
• Square Footage: 25,618
• Price Per Square Foot: $217
• Address: 1511 Northeast 8th Street
• Market: Homestead

The sale was facilitated by Deme Mekras and Sam Mekras from MSP Group. This transaction marks MSP Group LLC's 15th fractured condo deal in South Florida. For more information on South Florida multifamily properties, interested parties can contact Deme Mekras at 786-208-2684 or [email protected], as well as Sam Mekras at 786-417-3709 or [email protected].