Arash Gohari Acquires Miami Beach Multifamily For $3.15M

Located at 934 Meridian Avenue in Miami Beach, this multifamily property was recently sold in a closed transaction. The property consists of 16 units, totaling 7,168 square feet. The sale price for this asset was $3,150,000, resulting in a per unit price of $196,875 and a price per square foot of $439. The property is situated in the vibrant Miami Beach market.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $3,150,000
• Units: 16
• Price per Unit: $196,875
• Square Footage: 7,168
• Price per Square Foot: $439

The buyer of the property is Arash Gohari, representing the 27 South Florida Multifamily Opportunity Fund I. The seller in this transaction is Pierre De Agostini. Janet Crucet and Kristine Flook, from Urbanize Properties, along with Virgilio Fernandez, Mitash Kripalani, and Carlos Sotolongo, from Colliers International, served as the buyer's representatives in the deal.