Gus Goldsmith & 7 Crowns Acquire Multifamily Property In North Miami Beach For $6,250,000

The multifamily property located at 1969, 1979, 1989 & 1999 North Glades Drive in North Miami Beach has been sold for $6,250,000. The property features 32 units with a price per unit of $195,313. The total square footage of the property is 26,280 square feet, amounting to a price per square foot of $238.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,250,000
• Units: 32
• Price Per Unit: $195,313
• Square Footage: 26,280
• Price Per Square Foot: $238
• Address: 1969, 1979, 1989 & 1999 North Glades Drive
• Market: North Miami Beach
• Buyer: Gus Goldsmith & 7 Crowns
• Seller: Norman Reiz
• Broker: Gil Marianowsky - US Realty Hub

Gil Marianowsky from US Realty Hub represented the deal involving the purchase of the multifamily property by Gus Goldsmith and 7 Crowns from seller Norman Reiz.