1710 NW 1st LLC 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 1710 NW 1st LLC, represented by Drew Levey. 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.