Crespi Point LLC Acquires Multifamily Property On Crespi Blvd, Miami Beach For $4.5M

Located at 7825-7859 Crespi Blvd in Miami Beach, this multifamily property was recently sold in a transaction arranged by Meridian Capital Group. The sale took place on 04/23/2021 and was facilitated by Matis Cohen, who represented the seller. The property consists of 20 units and was acquired by Crespi Point LLC for a total sale price of $4,500,000, resulting in a per unit price of $225,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,500,000
• Address: 7825-7859 Crespi Blvd, Miami Beach
• Market: Miami Beach

The seller, Matis Cohen, was represented by Isaac Filler and Israel Leiner from Meridian Capital Group. Their expertise in arranging financing played a key role in the successful completion of the transaction.