Kwok-Cheng Wong & Silvia C Wong Acquire Miami Multifamily For $1M

The multifamily property located at 3114-3116 Southwest 25th Street in Miami has been sold in a closed transaction. The property consists of 2 units with a total area of 2,514 square feet. The sale price for this transaction was $1,000,000, resulting in a price per unit of $500,000 and a price per square foot of $398.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Units: 2
• Price per Unit: $500,000
• Square Footage: 2,514
• Price per Square Foot: $398
• Address: 3114-3116 Southwest 25th Street, Miami
• Market: Miami

The buyers in this transaction were Kwok-Cheng Wong and Silvia C Wong. They acquired the property from the sellers, Marlene Fernandez and Annette Anillo. Justin Knops from Knops & Morgan Realty Corporation represented the sellers as their representative.