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2403 Northwest 117 Lane
SOLD

Redwood Dev Co Acquires MultiFamily Property In Miami For $30M

2403 Northwest 117 Lane

MultiFamily
135,000 SF
clock iconSold 1 year ago
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Summary

Sale
FLORIDA
MultiFamily
135,000 sqft

The multi-family property located at 2403 NW 117 Lane in Miami has been sold in a closed transaction. The property consists of 75 units with a total square footage of 135,000. The sale price for this transaction was $30,000,000, resulting in an average price per unit of $400,000 and a price per square foot of $222.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $30,000,000
  • Units: 75
  • Price Per Unit: $400,000
  • Square Footage: 135,000
  • Price Per Square Foot: $222
  • Address: 2403 NW 117 Lane, Miami

The buyer of this property is Redwood Dev Co, represented by David Burstyn and Brian A. Sidman. On the other hand, the seller is Lennar, with Stuart Miller representing their interests in the deal.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

David Burstyn's profile picture
David Burstyn
Winston Capital Management-image
CEO
$37.5M Sold
Winston Capital Management's profile picture
Winston Capital Management
Winston Capital Management

Details

Deal Summary
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SOLD
IMAGE: David Burstyn, Brian A. Sidman & Stuart Miller DATE: 05/05/2023 ADDRESS: 2403 NW 117 Lane MARKET: Miami ASSET TYPE: MultiFamily BUYER: Redwood Dev Co - David Burstyn (@Davidburstyn) & Brian A. Sidman (@Brianandrewsidman) SELLER: Lennar (@LennarHomes) - Stuart Miller SALE PRICE: $30,000,000 UNITS: 75 ~ PPU: $400,000 SF: 135,000~ PPSF: $222

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Address2403 Northwest 117 Lane

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