Guillermo Martinez Acquires Renovated Townhome Community In Miami From Francisco Lagos For $6.55M

The property asset involved in this transaction is a MultiFamily unit located at 3079 Northwest 1st Street in Miami. The transaction was closed at a price of $6,550,000.00. This asset features 11 units, with a total square footage of 19,200. The property is positioned on over 37,000 square feet of land and consists of renovated townhome community units, each unit offering three bedrooms and two and a half baths, designed for spacious living.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $6,550,000.00
• Buyer: Guillermo Martinez
• Seller: Francisco Lagos
• Units: 11
• Square Footage: 19,200

Guillermo Martinez is the buyer in this transaction, while Francisco Lagos represents the seller. The property is strategically located near Miami International Airport, the new soccer stadium, and Coral Gables, enhancing its appeal in the real estate market.