Sinan Tuna Acquires Multifamily Property In Miami Beach For $15M

The multifamily property located at 165 N Hibiscus Drive in Miami Beach has been sold for a transaction amount of $15,000,000. The property spans a total area of 5,217 square feet, resulting in a price per square foot of $2,875.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $15,000,000
• Address: 165 N Hibiscus Drive, Miami Beach
• Square Footage: 5,217
• Price per Square Foot: $2,875

The buyer in this transaction is Sinan Tuna. On the other hand, Pascal Nicolai, represented by Pascal Nicolai of Sabal Development, acted as the seller. Sinan Tuna was supported by Marko Gojanovic from One Sotheby’s International Realty and Alejandro Diaz Bazan from Coldwell Banker as his buyer's representatives. Dora Puig from Luxe Living Realty served as the seller's representative.