The Astor Company sold Douglas Enclave, a 199-unit apartment complex in the Little Havana section of Miami for $68 million, or $341,708 per unit. Tandel Group 6 Properties was the buyer. Manny Chamizo III with ONE Sotheby’s International Realty represented The Astor Company. Victor Grumbaum at Keller Williams and Frank Tomini at Sunny Florida Realty represented the buyer.
Douglas Enclave features a saline pool and a fitness center. The venture offers studio, one, and two-bedroom residences with unit sizes ranging from 417 to 942 square feet. Rents range from $2,070 to $3,045. Some homes are furnished, and select residences boast patios and balconies. Townhomes are also available.
Astor has developed more than 1,100 condominiums and nearly 500 rental apartments in Florida, Georgia and Louisiana. Astor has delivered Gateway in the Grove in Coconut Grove, Valencia in South Miami, Nordica in The Roads, Douglas Enclave and INTown in Little Havana and Merrick Manor in Coral Gables.
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