Alex Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, exclusively marketed the property on behalf of the seller and procured the buyer.
Ryan Shaw, Drew Kristol and Kirk Olson, investment specialists in Marcus & Millichap’s Miami office, represented the buyer, a private investor, in the transaction.
The building sold for $15.3 million.
Jonathan De La Rosa and Eddie Toledo, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.
The sales, announced in mid-January 2025, reflect the growing demand for well-maintained and strategically located apartment communities in both established and emerging markets across the state.
The asset traded for $21.5 million.
Cushman & Wakefield’s Miguel Alcivar, Stuart Gordon and Matthew Bittel along with Marcus & Millichap’s Derrick Dougherty represented the seller in the transaction.
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, exclusively marketed the property on behalf of the seller, Core Investment Management, and procured the buyer, a local family office.
The property includes 58,446 square feet of rentable space across two buildings on 5.23 acres.
The site spans six parcels and is one of the last remaining sites of this size allowing for large-scale development in the Edgewater area.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
