Victor Benatar Acquires Multifamily Property On NE 168 St In North Miami Beach For $2.26M

A multifamily property located at 1985 NE 168 St in North Miami Beach has been sold for a total price of $2,260,000. The transaction took place on June 10, 2021. The property consists of 12 units, with a price per unit (PPU) of $188,333. It spans a total area of 12,782 square feet, with a price per square foot (PPSF) of $177. The property sits on a lot measuring 10,500 square feet, which is mostly renovated and fully stabilized.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $2,260,000
• Units: 12
• PPU: $188,333
• Square Feet: 12,782
• PPSF: $177
• Lot Size: 10,500 square feet

Victor Benatar has acquired the property from Eddie Gil. Ron Mann from Apex Capital Realty represented Victor Benatar as the buyer's representative in the deal, while Eddie Gil from Skyrise Commercial RE Advisors represented himself as the seller's representative.