27 Capital & RedHoek&Partners Sell Surfside Multifamily Property For $1.4M

The property involved in this closed transaction is a multifamily located at 300 Surfside Blvd in Surfside. The property spans 3,155 square feet and was sold for $1,400,000, resulting in a price per square foot of $444.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Date: 05/06/2022
• Address: 300 Surfside Blvd
• Market: Surfside

The seller of the property is 27 Capital, represented by Arash Gohari, and RedHoek+Partners, represented by Lee Cohen. It is worth noting that 27 Capital and RedHoek+Partners purchased the property a year ago for $900,000, making a 55% profit for their investors within a year. They remain active in the market, actively looking to acquire multifamily properties and development sites in South Florida.