Manuel Sanoja Purchases Seas Apartments From Alberto Cabrera For $2.8 Million In Miami

The property asset involved in the transaction is a multifamily building located at 763 Southwest 5th Street, Miami, FL. The sale price of the property was $2,800,000. It consists of 9 units across a total square footage of 10,015, with a price per unit of $311,111 and a price per square foot of $279.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,800,000
• Units: 9
• Square Footage: 10,015
• Price Per Unit: $311,111
• Price Per Square Foot: $279
• Buyer: Manuel Sanoja
• Seller: Alberto Cabrera
• Buyer's Representative: Fabiola Camisa - Bari Realty Group, Inc
• Seller's Representative: Deme Mekras - MSP Group

The seller, Alberto Cabrera, worked with Deme Mekras from MSP Group. The buyer, Manuel Sanoja, was represented by Fabiola Camisa from Bari Realty Group, Inc. The property, known as Seas Apartments, was built in 2009 and features a unit mix of 8 x 2/1.5 and 1 x 1/1. The transaction was completed all cash, at the contract price, and on time, with MSP Group expressing satisfaction in working with both the seller and the buyer's representative.