SOLD
Marcus & Millichap Sells Multifamily Property In Miami Beach For $4.52M With Seller's Reps Arash Gohari & Lee Cohen
7291 Gary Avenue
MultiFamily
11,975 SF
11,975 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
11,975 sqft
A multifamily property located at 7291 Gary Ave in Miami Beach was recently sold for a total price of $4,520,000. The property consists of 18 units, with an average price per unit of $251,111. The total square footage of the property is 11,975, resulting in a price per square foot of $377.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,520,000
- Units: 18
- Price per Unit: $251,111
- Square Footage: 11,975
- Price per Square Foot: $377
- Address: 7291 Gary Ave, Miami Beach
The sellers of the property were Arash Gohari from 27 Capital and Lee Cohen from RedHoek+Partners. The transaction was facilitated by brokers Joseph Thomas, Adam Duncan, and Alec Demetriou, who represented the sellers through Marcus & Millichap. It is worth noting that the property was bought exactly 1 year ago, according to the sellers.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Alec Demetriou, Arash Gohari, Joseph Thomas, Lee Cohen & Adam Duncan
DATE: 10/28/2022
ADDRESS: 7291 Gary Ave
MARKET: Miami Beach
ASSET TYPE: Multifamily
SELLER: Arash Gohari (@ArashGohari) - 27 Capital (@27.Capital.RE); Lee Cohen (@TheLeeCohen) - RedHoek+Partners (@RedHoek)
BROKERS: Joseph Thomas (@ThomasDuncanTeam), Adam Duncan (@Duncdoggz) & Alec Demetriou (@AlecDemetriou19) - Marcus & Millichap (@Marcusmillichap_Fl)
SALE PRICE: $4,520,000
UNITS: 18 ~ PPU: $251,111
SF: 11,975 ~ PPSF: $377
NOTE FROM BROKERS: Seller noted that property was bought exactly 1 year ago.View on map
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Address7291 Gary Avenue
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