Kerdyk Real Estate Brokers $7.5M Sale Of Self Storage In North Miami

A self storage property located at 1355 Northeast 119th Street in North Miami has been sold. The transaction took place on 07/28/2023, with the seller being Tim Suazo. The property was listed for an asking price of $7,500,000 and was eventually sold for the same amount. It spans across 98,222 square feet, resulting in a price per square foot of $76. The property is situated in a prime location in North Miami.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: $7,500,000
• Square Footage: 98,222
• Address: 1355 Northeast 119th Street, North Miami

The broker involved in the deal was John Paul Piedra, representing Kerdyk Real Estate. John Paul Piedra played a key role in facilitating the transaction between the buyer and the seller. It is worth noting that a six-story, 300,000 square foot climate-controlled Self Storage Development is planned for the site in the future, providing potential for further growth and value.