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1710 NW 1st LLC Acquires 20-Unit Multifamily In Overtown, Miami For $3.5M

Property Image
SOLD
$3,500,000
Alec Demetriou
Adam Duncan
Joseph Thomas
+ 2

Florida

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MultiFamily8,249 SF
Sold 07/15/2022
the dealplayerscompscontact
Property Image
SOLD

1710 NW 1st LLC Acquires 20-Unit Multifamily In Overtown, Miami For $3.5M

1710 Northwest 1st Court

See Similar Deals
MultiFamily8,249 SF
Sold 07/15/2022
Alec Demetriou
Adam Duncan
Joseph Thomas
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$424
Total Square Footage:8,249 SF
Transaction Type:Sale

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.

Players

Adam Duncan
Marcus & Millichap
Adam Duncan
26 deals$170.8M volume
BROKER
Joseph Thomas
Marcus & Millichap
Joseph Thomas
53 deals$372.9M volume
BROKER
Alec Demetriou
Marcus & Millichap
Alec Demetriou
27 deals$219.6M volume
BROKER
DL
Drew Levey
3 deals$14.5M volume
BROKER
PP
Peter Politis
2 deals$7.7M volume
SELLER

Details

SOLD
IMAGE: Alec Demetriou, Joseph Thomas & Adam Duncan DATE: 07/15/2022 ADDRESS: 1710 NW 1st Ct MARKET: Overtown, Miami ASSET TYPE: Multifamily BUYER: 1710 NW 1st LLC – Drew Levey SELLER: Peter Politis BROKERS: Alec Demetriou (@AlecDemetriou19), Joseph Thomas (@ThomasDuncanTeam) & Adam Duncan (@DuncDoggz) - Marcus & Millichap SALE PRICE: $3,500,000 UNITS: 20 ~ PPU: $175,000 SF: 8,249 ~ PPSF: $424

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