Karson & Co And Porosoff Group Facilitate $11.75M Multifamily Sale In Miami

The property involved in this transaction is a multifamily asset located at 3300 South Dixie Highway in the Miami market. The sale was executed for a total price of $11,750,000, consisting of 45 units with a price per unit of $261,111. The building has a total square footage of 54,316, resulting in a price per square foot of $216.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,750,000
• Units: 45
• Price Per Unit: $261,111
• Square Footage: 54,316
• Price Per Square Foot: $216
• Buyer's Representative: Arden Karson - Karson & Co
• Buyer's Representative: Arthur Porosoff - Porosoff Group - Compass
• Seller's Representative: Calum Weaver - CBRE

The transaction featured key individuals and firms managing the deal, with Arden Karson and Arthur Porosoff representing the buyer, while Calum Weaver represented the seller. Each representative played a crucial role in facilitating the successful closure of this multifamily deal in the Miami market.