Acquires 20-Unit Multifamily In Overtown, Miami For $3.5M

The multifamily property located at 1710 NW 1st Ct in Overtown, Miami has been sold for a total price of $3,500,000. The property consists of 20 units, with a price per unit (PPU) of $175,000. The total square footage of the property is 8,249, resulting in a price per square foot (PPSF) of $424.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $3,500,000
• Units: 20
• Price per Unit (PPU): $175,000
• Square Footage: 8,249
• Price per Square Foot (PPSF): $424
• Address: 1710 NW 1st Ct
• Market: Overtown, Miami

The buyer of the property is , represented by . The seller in this transaction is Peter Politis. The deal was facilitated by brokers Alec Demetriou, Joseph Thomas, and Adam Duncan, who are affiliated with Marcus & Millichap.