Nicolas Carballo Acquires Multifamily Property In Miami From Sheldon Klein For $2.25M

The transaction involved a multifamily property located at 560 Northwest 1st Street in Miami. The sale price was $2,250,000 for a building comprising 8 units, offering a price per unit of $281,250. The total square footage is 6,415, resulting in a price per square foot of $350.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,250,000
• Units: 8
• Price per Unit: $281,250
• Square Footage: 6,415
• Price per Square Foot: $350
• Buyer: Nicolas Carballo
• Seller: Sheldon Klein
• Buyer's Representative: Rafael Fermoselle - ElevenTrust Real Estate Services
• Seller's Representative: David Cohen - Horvath & Tremblay

This transaction highlights the collaboration between Horvath & Tremblay and ElevenTrust Real Estate, emphasizing the successful sale of a fully turnkey apartment building.