Borde Del Agua Acquires MultiFamily Property In Miami For $10.8M

A multi-family property located at 505 Northeast 30th Street in Miami has been sold. The property consists of 36 units, with a total square footage of 40,000. The asking price for the property was $11,000,000, and it was ultimately sold for $10,800,000. This translates to a per unit price of $300,000 and a per square foot price of $270.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $10,800,000
• Address: 505 Northeast 30th Street
• Market: Miami
• Units: 36
• Price Per Unit: $300,000
• Square Footage: 40,000
• Price Per Square Foot: $270

The buyer of the property is Borde Del Agua, while the 34 individual sellers involved in the transaction are Francoise Bellande, Ashley Latouf, Alfonso Victor, Delia Garcia, Stella Ellis, Alane Stiles, Elina Todorova, Jodi Cardenas, Alfonso Bravo, Tatiana Perez, Shuyu Wu, Carlos Vallejo, Daysy Rivas, Juan Jurrado, Lauren Hooser, Paul Dascani, and Sonia Maid. The seller's representative for this deal was Dorota Baginska from Miami Dream Properties.