David Concepcion Acquires 7-Unit Multifamily In Miami For $1.3M

A multifamily property located at 3480 Northwest 7th Street in Miami has been sold for a price of $1,300,000. The property consists of 7 units with an average price per unit of $185,714. It spans across a total area of 4,950 square feet, resulting in a price per square foot of $263.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,300,000
• Address: 3480 Northwest 7th Street, Miami
• Market: Miami
• Buyer: David Concepcion
• Seller: Jesse Stamler
• Buyer's Rep: Janet Crucet & Kristine Flook - Urbanize Properties
• Seller's Rep: Sam Mekras - MSP Group
• Units: 7
• PPU: $185,714
• SF: 4,950
• PPSF: $263

Janet Crucet and Kristine Flook from Urbanize Properties represented the buyer, David Concepcion, in this transaction. On the other hand, Sam Mekras from MSP Group represented the seller, Jesse Stamler.