ACRUVA Capital Partners Acquires Multifamily Asset From Andy Diaz & Ismael Oria For $5.2M

The multifamily property located at 28400 Dixie Highway in Homestead was sold for a transaction amount of $5,200,000. The asset comprises 110 units with a total square footage of 98,010, resulting in a price per unit of $47,272 and a price per square foot of $53.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,200,000
• Buyer: ACRUVA Capital Partners
• Seller: Andy Diaz & Ismael Oria
• Broker: Luciana Gonzalez - APEX Capital Realty
• Units: 110
• SF: 98,010
• PPU: $47,272
• PPSF: $53

The deal was facilitated by Luciana L. Gonzalez of APEX Capital Realty, who represented both the buyer and the seller. ACRUVA Capital Partners recognized the prime location and zoning potential of the property, as it supports multi-family development within the Leisure City Community Urban Center Overlay.