Urbanize Properties Acquires MultiFamily Building In Miami's Little Havana For $1.15M

A five-unit multifamily building located in Little Havana, Miami has been sold for a total price of $1,150,000. The property, situated at 660 Southwest 2nd Street, offers a total of 3,042 square feet of living space. Each unit is priced at approximately $230,000, and the average price per square foot is estimated to be $378.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $1,150,000
• Units: 5
• Price per Unit: $230,000
• Square Footage: 3,042
• Price per Square Foot: $378
• Market: Miami

Representing the seller, Christopher Koulaman, were Andros Sarduy and Giovanni Vasquez of Synergy Realty Advisors LLC. On the buyer's side, Janet Crucet and Kristine Flook from Urbanize Properties acted as the buyer's representatives. This successful collaboration between Synergy Realty Advisors and Urbanize Properties resulted in a cash deal that was closed within 30 days.