A multifamily property located at 666 Southwest 1st Street in Miami was sold for $2,450,000. The asset encompasses a total of 9,860 square feet and consists of 18 units, resulting in a price per unit of $136,111 and a price per square foot of $248. The property sits on an acreage of 0.11.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,450,000
• Units: 18
• Square Feet: 9,860
• Price Per Unit: $136,111
• Price Per Square Foot: $248
• Buyer: Rene Sanchez - Blue Door Real Estate Group, Alberto Fernandez, Alberto Fernandez Falcon
• Seller: Isidro Sabatier, Lydia Sabatier, Cindy Sabatier Castellanos
• Broker: Rafael Fermoselle - ElevenTrust Real Estate Services
• Lender: Renovo Financial
• Loan Amount: $2,259,963
• Loan Maturity: May 1, 2026

The transaction involved Rene Sanchez representing Blue Door Real Estate Group, alongside Alberto Fernandez and Alberto Fernandez Falcon. They acquired the property from Isidro Sabatier, Lydia Sabatier, and Cindy Sabatier Castellanos, with Rafael Fermoselle brokeraging the deal through ElevenTrust Real Estate Services.