Allen Zim Acquires Multifamily Property From Yes Properties In Miami Beach For $1.15M

The property asset involved in this transaction is a multifamily residential building located at 600 79th Street, Miami Beach. The asking price for the property was $1,425,000, and it sold for $1,150,000. The multifamily asset comprises a total of 6 units, with a price per unit of $191,666. The total square footage of the property is 5,650, resulting in a price per square foot of $203.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,150,000
• Buyer: Allen Zim
• Seller: Yes properties
• Broker: Hana Binyamin - Florida Capital Realty

This transaction highlights the involvement of Hana Binyamin representing Florida Capital Realty as the broker facilitating the deal between the buyer, Allen Zim, and the seller, Yes properties. No additional information about the parties has been provided.