Marcus & Millichap Facilitates $7.7M Sale Of North Miami Beach Retail Property

The retail property located at 1190 NE 163rd St in North Miami Beach has been sold for a price of $7,700,000. The transaction took place on January 7, 2022. The property spans a total area of 4,676 square feet, resulting in a price per square foot of $1,647. The sale was facilitated by brokers Scott Sandelin and Alex D'Alba from Marcus & Millichap.

Summary of Transaction Details

• Property Type: Retail
• Sale Price: $7,700,000
• Address: 1190 NE 163rd St, North Miami Beach
• Market: North Miami Beach
• Square Footage: 4,676
• Price per Square Foot: $1,647

Scott Sandelin and Alex D'Alba from Marcus & Millichap played key roles in representing the parties involved in the transaction. They acted as the brokers for the buyer and seller, facilitating the successful sale of the retail property.