G Realty Group Acquires Multifamily Property On 301 86th St In Miami Beach

The multifamily property located at 301 86th St in Miami Beach has been sold in a closed transaction. The sale took place on 04/22/2022.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,260,000
• Address: 301 86th St, Miami Beach
• Market: Miami Beach

Gil Brendel from G Realty Group represented the buyer in this deal, while Santiago Rodriguez from Douglas Elliman represented the seller.

The property was listed for an asking price of $6,500,000 and was eventually sold for $6,260,000. It consists of 21 units, with each unit valued at approximately $298,095. The total square footage of the property is 17,128, resulting in an average price per square foot of $365.