Dave Portnoy has recently made a significant investment in Miami's real estate market. He acquired a multi-family property for a total sum of $13,980,000. The property covers a substantial area of 7,011 square feet, resulting in a price per square foot of $1.994. The transaction was finalized on April 19, 2021, and the property is located on a spacious lot measuring 47,010 square feet.

Summary of transaction details

• Property Type: Multi Family
• Transaction Amount: $13,980,000
• Square Footage: 7,011 SF
• Price per Square Foot: $1.994
• Lot Size: 47,010 SF
• Date: April 19, 2021
• Market: Miami

In this deal, Dave Portnoy was represented by Artur Fruman. On the other side, Krueger Property Holdings & Investments LLC, owned by Lilian Kruger, acted as the seller. Dora Puig served as the seller's representative. These key individuals and companies played crucial roles in facilitating the transaction, ensuring a successful sale of the multi-family property in Miami.