MIAMI—The largest portfolio of multifamily units ever to hit the South Beach is up for grabs. CBRE is marketing the apartment complexes in the heart of the hottest Miami Beach historic district.
The multifamily portfolio totals 240 units in mostly low-rise, garden-style apartments located between 7th and 15th Streets. That's a short walk from the Lincoln Road pedestrian mall, Art Deco hotels that line Ocean Drive, and Miami's beaches.
CBRE's Calum Weaver is marketing the portfolio on behalf of Miami-based Bar Invest Group. Bar is one of first operators of multifamily real estate in the Art Deco district of South Beach, and one of the largest since 2009.
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