MVH-2103, LLC Purchases Office Property From Frank Micali For $13.5 Million In Miami

The property asset involved in the transaction is located at 2103 Coral Way, Miami. This is an office and retail property totaling 73,606 square feet. The sale price of the property was $13,500,000, which translates to a price per square foot of $183.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $13,500,000
• Address: 2103 Coral Way
• Market: Miami
• Buyer: MVH-2103, LLC
• Seller: Frank Micali - Netz Coral Way, LLC
• Buyer's Representative: Yovahnn Vinas - All Luxury Realty
• Seller's Representatives: Dominic Montazemi, Gregory Miller, Michael Ciadella, Miguel Alcivar & Scott O'Donnell - Cushman & Wakefield

Cushman & Wakefield was responsible for brokering the deal, representing both the seller and participating brokers. The transaction involved key individuals from the brokerage, with multiple brokers from Cushman & Wakefield involved in the representation of the seller, while the buyer was solely represented by Yovahnn Vinas from All Luxury Realty.