Marcus & Millichap Brokers $5.5M Sale Of Office Property In Miami At 8353 Southwest 124th Street

The asset involved in the transaction is a fully leased medical office property located at 8353 Southwest 124th Street in Miami. The sale price was $5,500,000, and the property encompasses an area of 20,209 square feet, resulting in a price per square foot of $272. The site covers approximately 0.61 acres.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $5,500,000
• Address: 8353 Southwest 124th Street
• Market: Miami
• Square Footage: 20,209
• Price per Square Foot: $272
• Acres: 0.61

Alex Zylberglait and Michael Crocchiola from Marcus & Millichap represented the seller in this transaction. The buyer was represented by an outside brokerage in the deal, reflecting a collaboration between different brokerage firms.