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South Florida

Two Coral Gables apartment buildings sold for $6M

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.

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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

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