SRE Commercial Group Sells 19-Unit Multifamily In The Roads, Miami For $3.88M

A 19-unit multifamily property located at 620 SW 10th Street in The Roads, Miami has been sold for $3,875,000. The property spans 14,279 square feet, with an average price per square foot of $271. The unit mix predominantly consists of two-bedroom units and includes private balconies, an elevator, and laundry facilities on each floor.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,875,000
• Units: 19
• Price Per Unit: $203,947
• Square Footage: 14,279
• Price Per Square Foot: $271
• Market: The Roads, Miami

The seller of the property is Luis F Robaina, representing The Robaina Trust Luisa Robaina TRS. The sale was facilitated by Jacob Serure from SRE Commercial Group. The Roads is a highly sought-after location, offering convenient access to Brickell, Coconut Grove, I-95, and the Rickenbacker Causeway to Key Biscayne. SRE Commercial Group has a strong track record in brokering multi-family deals for over 20 years.

For those interested in pursuing a career in brokering commercial real estate, SRE Commercial Group is currently hiring. More information can be found at www.srecommercialgroup.com.