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Mike Venero & Walter Rios Acquire Multifamily Property In Little Havana, Miami For $2.6M

1936 Southwest 2 Street
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This MultiFamily property located in FL was sold for $2,600,000 over 2 years ago. The brokers of the deal were David Fermoselle, Rafael Fermoselle, and David Firestein

A multifamily property located at 1936 SW 2 ST in Little Havana, Miami has been sold. The property consists of 20 units with a total square footage of 12,794. The asking price for the property was $2,800,000, and it was sold for $2,600,000, resulting in a price per unit of $130,000 and a price per square foot of $203.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Address: 1936 SW 2 ST, Little Havana, Miami
  • Market: Little Havana, Miami

The buyers of the property are Mike Venero and Walter Rios, while the seller is Ignacio Sotolongo. The transaction was facilitated by brokers Rafael Fermoselle and David Fermoselle from ElevenTrust RE.

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Deals
  • Location
    1936 SW 2nd St, Little Havana, Miami, FL, USA1936 SW 2nd St, Little Havana, Miami, FL, USA
  • Sale Price
    $2,600,000$2,600,000
    $101 PPSF$101 PPSF
  • Area
    25,588 SF25,588 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

David Firestein

David Firestein

Deals3
Sold$2.6M

Agencies

ElevenTrust Real Estate Services

ElevenTrust Real Estate Services

Agency
Deals17
Volume$84.4M

TSCG (The Shopping Center Group)

TSCG (The Shopping Center Group)

Agency
Deals33
Volume$281.3M

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Deal Summary

SALE IMAGE: Rafael Fermoselle & David Fermoselle DATE: 10/29/2021 ADDRESS: 1936 SW 2 ST MARKET: Little Havana, Miami ASSET TYPE: Multifamily BUYER: Mike Venero & Walter Rios SELLER: Ignacio Sotolongo BROKERS: Rafael Fermoselle (@Rafael_Fermoselle) & David Fermoselle (@DFermoselle) - ElevenTrust RE (@ElevenTrust) ASKING PRICE: $2,800,000 SALE PRICE: $2,600,000 UNITS: 20 ~ PPU: $130,000 SF: 12,794 ~ PPSF: $203

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1936 Southwest 2 Street

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