SOLD
Philip Rahimzadeh Acquires Multifamily Asset In Miami For $10.9M
3300 South Dixie Highway
MultiFamily
32,100 SF
32,100 SF
Sold 109 days ago
Summary
Sale
FLORIDA
MultiFamily
32,100 sqft
A unique 45-unit multifamily asset located at 3300 South Dixie Highway in Coconut Grove, Miami, has been successfully sold for $10.9 million. The property, spanning approximately 32,100 square feet, was listed by Trizel CRE and represented by Virgilio Fernandez from Colliers International.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $10,900,000
- Units: 45
- Price per Unit: $242,222
- Total Square Footage: 32,100
- Price per Square Foot: $340
- Market: Miami
The sale of this multifamily asset attracted multiple high-priced offers, highlighting its desirability within the market. Virgilio Fernandez expertly represented both the seller, Trizel CRE, and the buyer, Philip Rahimzadeh. The transaction was completed swiftly in just 4 days, resulting in a favorable cash deal.
For individuals seeking expert guidance in property acquisition or sale, Colliers International offers their professional assistance. Interested parties can contact Virgilio Fernandez at [email protected].
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Virgilio Fernandez
DATE: 01/25/2024
ADDRESS: 3300 South Dixie Highway
MARKET: Miami
ASSET TYPE: Multifamily
BUYER: Philip Rahimzadeh
SELLER: Trizel CRE
BROKER: Virgilio Fernandez (@Vboundless) - Colliers International (@ColliersInternational)
SALE PRICE: $10,900,000
UNITS: 45 ~ PPU: $242,222
SF: 32,100 ~ PPSF: $340
NOTE FROM BROKER: We are pleased to share that Colliers has successfully facilitated the sale of a unique 45-unit multifamily asset in Coconut Grove for $10.9.9 million. This sale comes after a formal listing process, which resulted in multiple high-priced offers for the area. Virgilio Fernandez skillfully represented both the sellers and the buyer, facilitating a favorable cash deal that concluded swiftly in just 4 days.
If you are looking to acquire or sell a property and require expert guidance to achieve your investment objectives, our team is here to help. Please don't hesitate to contact us at your convenience. Feel free to reach out to us anytime [email protected].View on map
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Address3300 South Dixie Highway
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