Rene Sanchez Purchases 17-Unit Multifamily Property From Alex Alahakoon For $2.7M In Miami

The property at 80 Northwest 31st Avenue, located in Miami, is a multifamily asset comprising 17 apartment units with a total size of 12,186 square feet. It has been sold for $2,700,000, achieving a price per unit of $158,824 and a price per square foot of approximately $221. This transaction demonstrates robust investor interest in multifamily properties in the Miami market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,700,000
• Units: 17
• Price Per Unit: $158,824
• Square Footage: 12,186
• Price Per Square Foot: $221
• Buyer: Rene Sanchez
• Seller: Alex Alahakoon
• Brokers: Carl Gorman & Ricardo Lay - APEX Capital Realty
• Date of Transaction: 06/26/2026
• Location: Miami, West Flagler/Little Havana corridor

The transaction was facilitated by brokers Carl Gorman and Ricardo Lay, who represented both the buyer and seller. Their strategic off-market outreach and targeted marketing efforts resulted in multiple offers, culminating in a successful closing. Apex Capital Realty acknowledges the professionalism and cooperation of all parties involved during the transaction.