Amir Ahdoot Purchases 8-Unit Multifamily Property From John Cannizzaro For $1.95M In Miami Beach

The property asset involved in this transaction is an 8-unit multifamily building located at 6871 Abbott Avenue, Miami Beach. The property encompasses 8,280 square feet on a 0.14-acre lot. The sale was completed with a transaction amount of $1,950,000, resulting in a price per unit of $243,750 and a price per square foot of $236.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,950,000
• Address: 6871 Abbott Avenue
• Market: Miami Beach
• Units: 8
• Square Footage: 8,280
• Price Per Unit: $243,750
• Price Per Square Foot: $236

This transaction involved Amir Ahdoot as the buyer, acquiring the property from seller John Cannizzaro. The deal was brokered by Evan Kristol and Felipe Echarte from Marcus & Millichap. The property, constructed in 1948, was acquired by Ahdoot with no recorded debt associated with the purchase.