Byron Investors LLC Acquires Multifamily Property In Miami Beach For $2.25M

The multifamily property located at 6966 Byron Avenue in Miami Beach was sold for $2,250,000. The nine-unit property spans 5,016 square feet, resulting in a price per unit of $250,000 and a price per square foot of $449.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,250,000
• Buyer: Federico Olivieri & Victor Sandoval - Byron Investors LLC
• Brokers: Joseph Thomas, Alec Demetriou, AJ Stanford, Adam Marcuvitz, Oscar Banegas & Aaron O’Connor - Marcus & Millichap
• Asking Price: $2,250,000

The sale was facilitated by a team of brokers from Marcus & Millichap, including Joseph Thomas, Alec Demetriou, AJ Stanford, Adam Marcuvitz, Oscar Banegas, and Aaron O’Connor.