Constantino Cicchelli, Stefano Garofoli & Francisco Rodriguez Melo Acquire Multifamily Property In Little Havana For $8.5M

A multi-family property located at 425 SW 10th Ave in Little Havana has been sold for a total of $8,500,000. The property consists of 58 units with an average price per unit of $146,552. The total square footage of the property is 29,321, resulting in a price per square foot of $290.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $8,500,000
• Address: 425 SW 10th Ave, Little Havana
• Buyer: Constantino Cicchelli, Stefano Garofoli & Francisco Rodriguez Melo
• Seller: Ishak Wanounou
• Brokers: Frank Rodriguez Melo & Ray Borr - Cedano Realty Advisors
• Units: 58
• Price Per Unit: $146,552
• Total Square Footage: 29,321
• Price Per Square Foot: $290

Constantino Cicchelli, Stefano Garofoli, and Francisco Rodriguez Melo have acquired the property from Ishak Wanounou. The deal was facilitated by brokers Frank Rodriguez Melo and Ray Borr of Cedano Realty Advisors.