Westdale Acquires Multifamily Property In Blue Lagoon, Miami For $93.8M

A multifamily property located at 5375 NW 7th St in Blue Lagoon, Miami, was recently sold for a total price of $93,834,183. The property consists of 330 units, resulting in a per unit price of $284,346. The transaction took place on August 16, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $93,834,183
• Address: 5375 NW 7th St, Blue Lagoon, Miami
• Market: Blue Lagoon, Miami
• Buyer: Westdale
• Seller: Estate Companies
• Brokers: Neyda Bravo & Luis Gonzalez - Bravo & Partners Realty

The deal was facilitated by Neyda Bravo and Luis Gonzalez from Bravo & Partners Realty, representing both the buyer and the seller. Neyda and Luis played key roles in ensuring a successful transaction for both parties involved.