SOLD
F Advance Management Acquires Multifamily Property In North Miami Beach For $5.8M
16851 Northeast 18th Avenue
MultiFamily
27,800 SF
27,800 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
27,800 sqft
This multifamily property located at 16851 NE 18th Avenue in North Miami Beach was recently sold in a closed transaction. The property consists of 36 units with a total square footage of 27,800. The asking price for the property was $6,000,000, and it was sold for $5,800,000, resulting in a price per unit of $161,111 and a price per square foot of $208.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,800,000
- Address: 16851 NE 18th Avenue
- Market: North Miami Beach
The buyer of this property was F Advance Management, represented by Demian Perelmuter. The seller was EUS At 18th Ave LP, represented by Ricardo Ulloa. The brokers involved in this transaction were Calum Weaver and Perry Synanidis from Cushman & Wakefield.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Calum Weaver, Demian Perelmuter & Perry Synanidis
DATE: 10/05/2021
ADDRESS: 16851 NE 18th Avenue
MARKET: North Miami Beach
ASSET TYPE: Multifamily
BUYER: F Advance Management - Demian Perelmuter (@DemiPerel)
SELLER: EUS At 18th Ave LP - Ricardo Ulloa
BROKERS: Calum Weaver (@WeaverCalum) & Perry Synanidis (@PerrySynanidis) - Cushman & Wakefield
ASKING PRICE: $6,000,000
SALE PRICE: $5,800,000
UNITS: 36 ~ PPU: $161,111
SF: 27,800 ~ PPSF: $208View on map
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Address16851 Northeast 18th Avenue
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