Albert Ali Acquires Multifamily Property In Miami Beach For $3.6M | 8260 Byron Avenue | Perry Synanidis, Garrett Pordes, Calum Weaver | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

10,000 sqft

The multifamily property located at 8260 Byron Avenue in Miami Beach has been sold. The transaction took place on July 13, 2021.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $3,600,000
Address: 8260 Byron Avenue, Miami Beach
Market: Miami Beach

The buyer of the property is Albert Ali, while the seller is AJP Ventures. The deal was facilitated by Garrett Pordes, Calum Weaver, and Perry Synanidis from Cushman & Wakefield.

The property was listed with an asking price of $3,650,000, and it was sold for $3,600,000. The multifamily asset consists of 20 units, with a price per unit (PPU) of $180,000. The total square footage of the property is 10,000, resulting in a price per square foot (PPSF) of $360. The capitalization rate (CAP) for this investment stands at 4.7%.

Players

All
5

Agents
3
Agencies
2

$226.9M Sold

$48.1M Sold

Executive Managing Director

$424.3M Sold

Cushman & Wakefield

CBRE

Details

Deal Summary

SOLD

IMAGE: Calum Weaver, Garrett Pordes & Perry Synanidis DATE: 07/13/2021 ADDRESS: 8260 Byron Avenue MARKET: Miami Beach ASSET TYPE: Multifamily BUYER: Albert Ali SELLER: AJP Ventures BROKER: Garrett Pordes (@GarrettPordess13), Calum Weaver & Perry Synanidis (@PerrySynanidis) - Cushman & Wakefield (@CushWake) ASKING PRICE: $3,650,000 SALE PRICE: $3,600,000 UNITS: 20 ~ PPU: $180,000 SF: 10,000 ~ PPSF: $360 CAP: 4.7%

View on map

Address8260 Byron Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want