David Smith Sells Hotel On Biscayne Boulevard For $4.35 Million With Brokers Mina Taskiran & Giovanni Mancini

The property asset involved in this transaction is a hotel located at 5201 Biscayne Boulevard in Miami. It was sold for $4,350,000, featuring 22 units and encompassing a total square footage of 11,642. The price per unit stands at $197,727, while the price per square foot is $373.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $4,350,000
• Units: 22
• Price Per Unit: $197,727
• Total Square Footage: 11,642
• Price Per Square Foot: $373
• Seller: David Smith
• Broker Representatives: Giovanni Mancini & Mina Taskiran - ONE Sotheby's International Realty

Mina Taskiran and Giovanni Mancini played a crucial role in this transaction, representing the seller. They successfully facilitated the sale of a 14,000 sq ft lot with short term rental units along Prime Biscayne Blvd, indicating their expertise in off-market transactions in prime locations.