Betsy Arcia Acquires Miramar Multifamily For $4.23M - Alec Demetriou, Joseph Thomas & Adam Duncan - Marcus & Millichap

The multifamily property located at 6224 Miramar Parkway and 7221 Venetian Street in Miramar was recently sold at a price of $4,230,000. The transaction took place on April 29, 2022. The property consists of 28 units, resulting in a price per unit (PPU) of $151,071. In terms of size, the property spans 14,650 square feet, making the price per square foot (PPSF) $289.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $4,230,000
• Units: 28
• Price per Unit (PPU): $151,071
• Square Feet: 14,650
• Price per Square Foot (PPSF): $289

The buyer of the property is Betsy Arcia, while the seller is Peter Politis. The deal was facilitated by the team at Marcus & Millichap, represented by brokers Alec Demetriou, Joseph Thomas, and Adam Duncan.