Paul Ver Acquires Multifamily Property In Miami For $1.8M, Represented By Yaacov Poston, Uri Redler & Shlomo Poston

5611 Northeast 2nd Court, 225 Northeast 56th Street, 223 Northeast 56th Street, 229 Northeast 56th Street & 231 Northeast 56th Street

$1,800,000

$78/SF

Building Size

22,870 SF

Asset Type

MultiFamily

Closing

Dec 5, 2023

AI

An apartment complex located at 5611 Northeast 2nd Court, consisting of units 225, 223, 229, and 231 Northeast 56th Street, has been sold in Miami. The multifamily property was sold for a price of $1,800,000. It comprises 10 units with an average price per unit of $180,000. The total square footage of the property is 4,574, with an average price per square foot of $394.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,800,000
Address: 5611 Northeast 2nd Court, 225, 223, 229 & 231 Northeast 56th Street
Market: Miami
Units: 10
Price per Unit: $180,000
Square Footage: 4,574
Price per Square Foot: $394

The transaction was facilitated by the real estate brokerage firm, The Real Estate Lab, with the representatives involved being Yaacov Poston, Uri Redler, and Shlomo Poston. The buyer, Paul Ver, acquired the property from the sellers, Shai Yitzhaki and Guy Goldberg.