Gilberto Galceran Purchases 6-Unit Multifamily Property From Mario Bustamante In Little Havana For $1.4M

The transaction involves a multifamily property located at 700 Southwest 4th Street in Miami, comprising 6 units. The asset was sold for $1,400,000, resulting in a price per unit of $233,333. This property is situated in the rapidly developing Little Havana market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Units: 6
• Price Per Unit: $233,333
• Buyer: Gilberto Galceran
• Seller: Mario Bustamante
• Seller's Representatives: Virgilio Fernandez - Colliers & Carlos Sotolongo - South Florida Properties
• Date of Transaction: 09/25/2025
• Market: Miami

Virgilio Fernandez, vice president at Colliers, along with Carlos Sotolongo from South Florida Properties, represented the seller, Mario Bustamante, in the deal. Their involvement highlights the strategic nature of this transaction within the broader context of investment activity in Little Havana.