Orduna Courts LLC Acquires Multifamily Property In Coral Gables For $14.7M

Located at 800 South Dixie Highway in Coral Gables, this multifamily property was recently sold in a closed transaction. Spanning a total of 25,000 square feet, the property consists of 24 units. The sale price for this transaction was $14,700,000, which translates to a price per unit of $612,500. The price per square foot for this property is $588.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $14,700,000
• Address: 800 South Dixie Highway, Coral Gables
• Market: Coral Gables

Orduna Courts LLC, affiliated with Christian Giraldo & Paola David of Capital Brokers LLC, and Cesar Hernandez of Zuma Consulting LLC, acquired this property from Location Ventures, represented by Rishi Kapoor. The brokerage services for this transaction were provided by Berkadia.