Breevast U.S. Acquires Avida Aventura Multifamily Community In Aventura For $XXM With Andrew Gurewitsch & David Ash
19401 West Dixie Highway
Building Size
445,250 SF
Asset Type
MultiFamily
Closing
May 12, 2026
AI
The property asset involved is Avida Aventura, a multifamily community located at 19401 West Dixie Highway in Aventura, Florida. This Class A multifamily community consists of 266 units and encompasses a total square footage of 445,250. The transaction was completed on May 13, 2026, in one of South Florida's competitive multifamily markets.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 266
- Square Footage: 445,250
- Address: 19401 West Dixie Highway
- Market: Aventura
- Buyer's Name: Breevast U.S.
- Buyer's Representative: Laurence Zweegers
- Buyer's Rep Firm: ALG Capital
- Seller's Representative: David Ash
- Seller's Rep Firm: Prince Realty Advisors
This transaction highlights the involvement of key individuals in the deal, specifically Laurence Zweegers representing the buyer Breevast U.S. Additionally, Andrew Gurewitsch served as the buyer's representative from ALG Capital, while David Ash represented the seller through Prince Realty Advisors. This acquisition marks a notable move in the multifamily property sector in the area.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93