The 281-unit garden-style Deering Groves multifamily community in the unincorporated Naranja neighborhood in southern Miami-Dade County. Courtesy photo South Miami-Dade Apartment Complex Trades for $57 Million
The sale, which breaks down to $202,847 per unit, is indicative of a pickup in multifamily transactions following a near-freeze following the onset of the coronavirus pandemic.
January 05, 2021 at 12:41 PM
2 minute read
A newly built apartment community in an unincorporated area of southern Miami-Dade County sold for $57 million, a sign multifamily transactions are picking up after a halt in the early months of the coronavirus pandemic.
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