Miami apartment communities are fetching top dollar as the South Florida multifamily markets remain attractive from both a fundamentals and performance standpoint.
One example is the sale of 275 FontaineParc, a 133-unit property developed and owned by Marlon Gomez of Gomez Development Group and Emir Dereli of the Dereli Family Office, which traded for $50 million, or $379,939 per door, a record for the area according to sellers.
Harbor Group International was the buyer for this mid-rise complex in western Miami Dade on Fontainebleau Boulevard. The property was completed in early 2020.
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