SOLD
Moshe Biton Acquires Multifamily Property In Vero Beach For $2.35M
1875 40th Avenue & 1876 41st Avenue
MultiFamily
29,800 SF
29,800 SF
Sold 22 days ago
Summary
Sale
FLORIDA
MultiFamily
29,800 sqft
The 20-unit multifamily property located at 1875 40th Avenue & 1876 41st Avenue in Vero Beach has been successfully sold for $2,350,000. The property spans 14,900 square feet and was acquired at a price per unit of $117,500 and a price per square foot of $158.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,350,000
- Units: 20
- SF: 14,900
- PPU: $117,500
- PPSF: $158
- Address: 1875 40th Avenue & 1876 41st Avenue
- Market: Vero Beach
Moshe Biton was the buyer of the property, while July Miler acted as the seller. Moshe Biton expressed excitement about the acquisition, highlighting the potential of the property and the commitment to enhancing the quality of life for residents. The buyer extended gratitude to all parties involved in the successful deal, looking forward to growth and new opportunities ahead.
Details
SOLD
IMAGE: Moshe Biton
DATE: 04/15/2024
ADDRESS: 1875 40th Avenue & 1876 41st Avenue
MARKET: Vero Beach
ASSET TYPE: Multifamily
BUYER: Moshe Biton (@MiamiMoe), (@Cgrusa_)
SELLER: July Miler
ASKING PRICE: $2,750,000
SALE PRICE: $2,350,000
UNITS: 20 ~ PPU: $117,500
SF: 14,900 ~ PPSF: $158
NOTE FROM BUYER: 🎉 Big news! 🎉 We're thrilled to announce the successful acquisition of a 20-unit property in Vero Beach for $2,350,000! This marks a significant milestone in our journey, and we're excited about the potential this property holds.
As we embark on this new chapter, we're committed to enhancing the value and quality of life for our residents. Stay tuned for updates as we transform this space into something truly special.
A huge thank you to everyone involved in making this deal a success. Here’s to growth, new opportunities, and a bright future ahead! 🌟View on map
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Address1875 40th Avenue & 1876 41st Avenue
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