The Real Deal Miami

Two Coral Gables apartment buildings sold for $6M

Properties sold for $232 per square foot
December 18, 2014 01:30PM

CBRE arranged the sale.

CBRE arranged the sale.

Two Coral Gables apartment buildings sold for $6 million.

CBRE arranged the sale of both buildings, which had a combined 36 units. Sidonia LLC/Truenorth Santillane LLC by Fipro Holding LLC sold the properties for $166,667 per unit or $232 per square foot.

Sidonia, located at 1206 Douglas Road, has 20 units. Santillane, located at 3, 11 and 15 Santillane Avenue and 910 Douglas Road, features 16 units, according to a news release.

Sidonia is situated on 26,400 square feet and Santillane on 29,080 square feet. Katherine Kallergis