Coldwell Banker Commercial Realty Represents 24-Unit Miami Apartment Complex in $5.5m Deal
MIAMI (June 6, 2024) – Coldwell Banker Commercial Realty is pleased to announce the $5.5 million sale of a 24-unit apartment complex located at 1650 NW 25th Avenue in Miami. The multifamily building encompasses 17,500 square feet, with 16 two-bed, 1.5-bath units and eight one-bed, one-bath units.
Coldwell Banker Commercial Realty Broker Rolando A. Alvarez, PA, CPM, CCIM, represented the undisclosed seller. The buyer, Eco Bellamar LLC, a FL Limited Liability Company, plans to continue utilizing the complex as rental apartments, according to Alvarez.
“This property is strategically located in central Miami-Dade County near the Miami River,” said Alvarez. “Its location makes it a great investment, offering accessibility to SR-836 and SR-112, and close proximity to Miami International Airport.”
About Coldwell Banker Commercial Affiliates
Coldwell Banker Commercial Realty, an affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com.
Media Contact:
Kevin Guhl
Email: kevin.guhl@cbhomeoffice.com
Phone:
973-407-5916
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