Martin Gayle Acquires Multifamily Property In Pembroke Pines For $3.42M

A multifamily property located at 6911, 6921, & 6931 Southwest 19th Street in Pembroke Pines has been sold for a total price of $3,420,000. The transaction took place on December 20, 2021. The property consists of 24 units, with an average price per unit of $142,500. The total square footage of the property is 16,700, resulting in a price per square foot of $205.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,420,000
• Units: 24
• Price per Unit: $142,500
• Square Footage: 16,700
• Price per Square Foot: $205
• Date: December 20, 2021
• Market: Pembroke Pines

The buyer of the property is Martin Gayle, while Boris Ovrutsky is the seller. The transaction was facilitated by Joseph Thomas, Adam Duncan, and Marisol Hernandez from the brokerage firm Marcus & Millichap.