Zeev Livni's FLB Coral Gables LLC Acquires Multifamily In Coral Gables For $8.5M

A multifamily property located at 300 Majorca Avenue in Coral Gables has been sold in a recent transaction. The property, with a total of 17 units, was sold for a price of $8,500,000, at a per unit price of $500,000. The total rentable square footage of the property is 26,547, with a per rentable square footage price of $320.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $8,500,000
• Units: 17
• Price Per Unit: $500,000
• Rentable Square Footage: 26,547
• Price Per Rentable Square Footage: $320
• Market: Coral Gables

Zeev Livni, represented by FLB Coral Gables LLC, purchased the property from Juan F. Torres Landa, represented by Majorca Partners LLC. The transaction was facilitated by Landy Toledo of Marcus & Millichap.