Craig Patel Acquires Multifamily Property On West Flagler Street In Miami For $1.8M

The multifamily property located at 824 West Flagler Street in Miami was recently sold. The property spans 2,538 square feet and was sold for a price of $1,800,000, resulting in a price per square foot of $709. The transaction took place on 08/07/2023.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $1,800,000
• Square Footage: 2,538
• Price Per Square Foot: $709
• Address: 824 West Flagler Street, Miami
• Buyer: Craig Patel
• Seller: Stephen A. Shields
• Brokers: Carlos Fausto Miranda & Bobby Berrido - Fausto Commercial Realty Consultants

The deal was facilitated by Carlos Fausto Miranda and Bobby Berrido from Fausto Commercial Realty Consultants, who represented both the buyer, Craig Patel, and the seller, Stephen A. Shields. They played a crucial role in finalizing the transaction for this multifamily property in Miami.