Serge Ibaka Acquires Multifamily Property In Coral Way, Miami For $5.75M

The multifamily property located at 1895 SW 22nd St in Coral Way, Miami has been sold in a recent transaction. The property consists of 20 units with a total square footage of 16,314. The sale price for this asset was $5,750,000, resulting in a price per unit of $287,500 and a price per square foot of $352.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,750,000
• Units: 20
• Price per Unit: $287,500
• Square Footage: 16,314
• Price per Square Foot: $352

Serge Ibaka has purchased the property from Arthur Porosoff. The transaction was facilitated by brokers Arthur D. Porosoff, David M. Cohen, Javier A Ubeda, and Randy Lack-Marquina, who represent The Porosoff Group at Compass.