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Lerner Enterprises Acquires Multifamily Property In Dadeland, Miami For $114M

8400 South Dixie Highway
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This MultiFamily property located in FL was sold for $114,000,000 over 2 years ago. The brokers of the deal were Robert "Rob" Carey, Ted Taylor, Avery Klann, and Hampton Beebe

The multifamily property located at 8400 S Dixie Hwy in Dadeland, Miami has been sold for a total price of $114,000,000. The transaction took place on October 15, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $114,000,000
  • Address: 8400 S Dixie Hwy
  • Market: Dadeland, Miami
  • Buyer: Lerner Enterprises - Mike Cohen
  • Seller: 13th Floor & Barings - Arnaud Karsenti
  • Buyer's Rep: Rob Carey & Ted Taylor - JLL
  • Seller's Rep: Hampton Beebe & Avery Klann - Newmark
  • Units: 294
  • Price Per Unit (PPU): $387,755
  • Square Footage: 264,423
  • Price Per Square Foot (PPSF): $431

The buyer in this transaction is Lerner Enterprises represented by Mike Cohen. They acquired the property from the seller, 13th Floor and Barings, who were represented by Arnaud Karsenti. The buyer was assisted by Rob Carey and Ted Taylor from JLL, while the seller was represented by Hampton Beebe and Avery Klann from Newmark.

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Deals
  • Location
    8400 South Dixie Highway, Miami, FL 33143, USA8400 South Dixie Highway, Miami, FL 33143, USA
  • Sale Price
    $114,000,000$114,000,000
    $431 PPSF$431 PPSF
  • Area
    264,423 SF264,423 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Robert "Rob" Carey

Robert "Rob" Carey

Deals1
Sold$114M

Ted Taylor

Ted Taylor

Deals8
Sold$528.1M

Hampton Beebe

Hampton Beebe

Deals16
Financed$905.2M

Avery Klann

Avery Klann

Deals14
Financed$819.8M

Agencies

JLL

JLL

Agency
Deals5579
Volume$332.6B

Newmark

Newmark

Agency
Deals3891
Volume$397.4B

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Deal Summary

SALE IMAGE: Mike Cohen, Arnaud Karsenti, Rob Carey & Ted Taylor DATE: 10/15/2021 ADDRESS: 8400 S Dixie Hwy MARKET: Dadeland, Miami ASSET TYPE: Multifamily BUYER: Lerner Enterprises - Mike Cohen SELLER: 13th Floor & Barings - Arnaud Karsenti BUYER'S REP: Rob Carey & Ted Taylor (@Ted_VivoenMiami) - JLL SELLER'S REP: Hampton Beebe & Avery Klann - Newmark SALE PRICE: $114,000,000 UNITS: 294 ~ PPU: $387,755 SF: 264,423 ~ PPSF: $431

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8400 South Dixie Highway

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