The property asset involved in the transaction is a multifamily unit located at 227 Southwest 13th Avenue in Miami. The sale price for the asset was $1,500,000, comprising 10 units with a price per unit of $150,000. The total square footage of the property is 5,400, translating to a price per square foot of $277.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Units: 10
• Price Per Unit: $150,000
• Square Footage: 5,400
• Price Per Square Foot: $277
• Buyer: Alejandro Maya
• Seller: Jalal Abuimweis - The King’s Estates Properties
• Date of Sale: 03/27/2025

In this transaction, Alejandro Maya acted as the buyer, while Jalal Abuimweis from The King’s Estates Properties represented the seller. The deal reflects a notable event in the Miami market, focusing on multifamily properties.