Allen Davoudpour Acquires Miami Beach Multifamily Property For $4.3M

Allen Davoudpour recently purchased a multifamily property located at 6971 Carlyle Avenue in Miami Beach. The property, consisting of 16 units, was sold for a total price of $4,300,000. This equates to a per unit price of $268,750. The total square footage of the property is 8,400, resulting in a price per square foot of $512.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $4,300,000
• Units: 16
• Price Per Unit: $268,750
• Total Square Footage: 8,400
• Price Per Square Foot: $512

The buyer of the property is Allen Davoudpour. He was represented by Lior Avital and Josef Amir from The Renté Group. Laura Veitia from Urban Resource acted as the seller's representative in the transaction. The Renté Group sourced this property with plans to convert the entire building into a boutique hotel.