SOLD
Chirag Patel Acquires Multifamily Property In North Miami For $5.85M
447 Northeast 125th Street
MultiFamily
21,424 SF
21,424 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
21,424 sqft
A multifamily property located at 447 NE 125th St in North Miami was recently sold for a price of $5,850,000. The property consists of 36 units with an average price per unit of $162,500. It spans a total area of 21,424 square feet, which sets the price per square foot at $273.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,850,000
- Address: 447 NE 125th St
- Market: North Miami
- Units: 36
- Price per Unit: $162,500
- Total Square Feet: 21,424
- Price per Square Foot: $273
The buyer of the property is Chirag Patel, and the seller is Javier Cervera. The transaction was facilitated by Felipe Echarte, Evan Kristol, and Nicholas McAndrew from Marcus & Millichap.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Felipe Echarte, Evan Kristol & Nicholas McAndrew
DATE: 04/29/2022
ADDRESS: 447 NE 125th St
MARKET: North Miami
ASSET TYPE: Multifamily
BUYER: Chirag Patel
SELLER: Javier Cervera
BROKERS: Felipe Echarte, (@Echarte1), Evan Kristol (@Evan.Kristol) & Nicholas McAndrew (@NickMc561) - Marcus & Millichap (@MarcusMillichap_Fl)
SALE PRICE: $5,850,000
UNITS: 36 ~ PPU: $162,500
SF: 21,424 ~ PPSF: $273View on map
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Address447 Northeast 125th Street
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