Serge Vallet Acquires Miami Beach Multifamily For $1M From Seller Ricardo Naranjo

A multifamily property located at 825 85th St in Miami Beach has been sold in a recent transaction. The property consists of 4 units with a total square footage of 4,686. The sale price for this transaction was $1,000,000, resulting in a per unit price of $250,000. The price per square foot for this property was $213.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,000,000
• Units: 4
• Price per Unit: $250,000
• Square Footage: 4,686
• Price per Square Foot: $213

The buyer for this transaction was Serge Vallet, while the seller was Ricardo Naranjo. The deal was facilitated by Leor Fidler from Silmar Realty. Leor Fidler acted as the broker in this transaction, representing either the buyer or the seller.