Michael Ruiz Acquires Multifamily Property In Little Havana, Miami For $5.3M

A multifamily property in Little Havana, Miami has been sold for a price of $5,300,000. The property, located at 620 SW 4th St, 600 SW 10 St & 1653 NW 1 St, consists of 24 units with a total of 14,852 square feet. The sale price equates to approximately $357 per square foot, and the per unit price stands at $220,833.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,300,000
• Units: 24
• Price per Unit: $220,833
• Square Footage: 14,852
• Price per Square Foot: $357
• Address: 620 SW 4th St, 600 SW 10 St & 1653 NW 1 St, Little Havana, Miami

The buyer of the property is Michael Ruiz, while the sellers are Alexander Levy, Francisco Lagos, and Oscar Camino. The transaction was facilitated by the broker representatives Rafael Fermoselle and David Fermoselle from ElevenTrust Real Estate Services.