The asset involved in the transaction is a multifamily property located at 8951 Sunset Drive in Miami, consisting of 129 units across 3.6 acres. The property was sold for $28.3 million, with a price per unit of $219,380. It has not changed ownership since its construction in 1970.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $28,300,000
• Units: 129
• Price Per Unit: $219,380
• Seller: Jonathan S. Jennings - Arpledge
• Buyer: Rodolfo Rodriguez-Duret - Centrum Health
• Date of Transaction: 09/04/2025
• Market: Miami

This transaction highlights the involvement of healthcare executive Rudy Rodriguez-Duret, who acquired the Sunset Apartments. The sale is indicative of a broader trend in the South Florida multifamily market, which has experienced increased activity despite the prevailing high-interest rates.