Marcus & Millichap Represents Sale Of 12-Unit Multifamily Property In Miami Beach For $2M

Located at 828 Pennsylvania Ave in Miami Beach, this multifamily property was recently sold in a closed transaction. The sale was facilitated by brokers Alec G. Bashein, Evan P. Kristol, and Felipe J. Echarte from Marcus & Millichap. The property consists of 12 units, with each unit having an average price per unit of approximately $166,666. The total sale price for the property was $2,000,000.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Address: 828 Pennsylvania Ave, Miami Beach
• Market: Miami Beach
• Brokers: Alec G. Bashein, Evan P. Kristol & Felipe J. Echarte - Marcus & Millichap
• Units: 12
• Price per Unit: $166,666

With a prime location in Miami Beach, this multifamily property offers a lucrative investment opportunity. The successful transaction was made possible by the expertise of Alec G. Bashein, Evan P. Kristol, and Felipe J. Echarte from Marcus & Millichap. The buyer and seller can both be satisfied with the outcome of this deal.