7 Crowns Acquires Miami Multifamily From Cesar Alvarez For $2.8M

A multifamily property located at 1910-1920 Northwest 29th Street in Miami has been sold for a price of $2,800,000. The property consists of 16 units, with a per unit price of $175,000. It spans a total square footage of 29,104, at a price per square foot of $96.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,800,000
• Units: 16
• Price per Unit: $175,000
• Square Footage: 29,104
• Price per Square Foot: $96
• Market: Miami

The buyer of the property is 7 Crowns, while Cesar Alvarez is the seller. The deal was facilitated by Nicholas McAndrew and Felipe Echarte, who represent Marcus & Millichap as brokers in the transaction.