Riad Belarbi Acquires Multifamily Property In Miami Beach For $9.25M | 2101 Normandy Drive | Shlomo Poston, Yaacov Poston | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

45,513 sqft

An multifamily property located at 2101 Normandy Dr in Miami Beach has been sold. The transaction took place on 05/04/2020, with a sale price of $9,250,000. The property spans a total area of 45,513 square feet, resulting in a price per square foot of $203.24. It consists of 49 units, and the price per unit stands at $188,775.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $9,250,000
Address: 2101 Normandy Dr, Miami Beach
Market: Miami Beach
Square Footage: 45,513
Price per Square Foot: $203.24
Number of Units: 49
Price per Unit: $188,775

The buyer for this transaction was Riad Belarbi, while the seller was Marc Shulman. The deal was facilitated by the broker @DecoGroupCommercial.

Players

All
3

Agents
2
Agencies
1

$48.3M Sold

$47.7M Sold

Details

Deal Summary

SOLD

IMAGE: Marilina Apfelbaum, Shlomo Poston, Samuel Heskiel, Yaacov Poston & Benjamin Mashaal DATE: 05/04/2020 ADDRESS: 2101 Normandy Dr MARKET: Miami Beach ASSET TYPE: Multifamily BUYER: Riad Belarbi SELLER: Marc Shulman BROKERS: @DecoGroupCommercial PRICE: $9,250,000 SF: 45,513 PPSF: $203.24.24 UNITS: 49 PPU: $188,775

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Address2101 Normandy Drive

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