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Miami Multifamily Building Trades for $1.7 Million

Havana_Gardens_Apartments 457x296
Published: Jul 31, 2018
Excerpted from Daily Business Review story.

Address: 629 SW 10th Ave. in Miami
Property type: This is a 9,610-square-foot, three-story multifamily building with 12 units. It was constructed in 1925.

Price: $1,675,000
Price per unit: $139,583

Seller: 629 SW 10th Avenue LLC

Buyer: Jasray LLC
Past sale: $1,260,000 in January 2016

Note: Franklin Street arranged the sale of Havana Gardens Apartments, a 12-unit rental community in Miami, Florida.  The property is located on 629 SW 10th Avenue in Miami’s Little Havana submarket.  

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Credit: Staff
Source: Daily Business Review