The Pomerantz Family Acquires Miami Multifamily For $20.1 Million

The multifamily property located at 4325 & 4335 NW South Tamiami Canal Drive in Miami has been sold in a closed transaction. The property consists of 90 units, with a per unit price of $223,611. It spans across 75,556 square feet, with a price per square foot of $266. The sale was conducted for a total price of $20,125,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $20,125,000
• Units: 90
• Price per Unit: $223,611
• Square Feet: 75,556
• Price per Square Foot: $266

The buyer of the property is The Pomerantz Family, while Javier Cervera acted as the seller. Jon Kotler from Keller Williams represented the buyer as their broker, and Joel Rodriguez from Global Investments Realty and Felipe Echarte from Marcus & Millichap served as the seller's representatives in the deal.