Arash Gohari Acquires 18-Unit Multifamily In Miami Beach For $3M

An 18-unit multifamily property located at 7291 Gary Avenue in Miami Beach has been sold for $3,000,000. The property spans a total area of 15,340 square feet, with each unit having an average size of 852 square feet. The price per unit was calculated to be $166,667, while the price per square foot was $196.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $3,000,000
• Address: 7291 Gary Avenue, Miami Beach
• Market: Miami Beach
• Units: 18
• PPU: $166,667
• SF: 15,340
• PPSF: $196

The buyer of the property is Arash Gohari, while the seller is Carol Finklehoffe. The transaction was facilitated by Virgilio Fernandez from Colliers International, who represented both parties in the deal.