Allaire on 41st Street Sells for $30M in Miami

SaleMultifamily & Mixed-useFort Lauderdale / Broward County

Announced Oct 14, 2026 · Source: Newswire

Source: NewswireRead the full report at Newswire ↗

Deal details

Buyer
Not disclosed
Seller
Sorrento Property Group
Price
$30M combined with The Reserve at Pensacola
Size
82 units
Price per unit
$365,854 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Fort Lauderdale / Broward County
Metro
Miami (South Florida)
Announced date
Oct 14, 2026

Summary

PEMBROKE PINES, Fla., October 14, 2026 (Newswire.com) - Sorrento Property Group has sold Allaire on 41st Street in Pembroke Pines and The Reserve at Pensacola for a combined $30 million, a milestone that marks the firm's move into a larger class of property. The source headline reads: “Allaire on 41st Street - 82 units, Pembroke Pines, Florida.”

Summarized from the article; the quoted lines below are from the article itself.

Source: Newswire

Read the full report at Newswire. What the article says:

  • Deal / Price / Seller
    PEMBROKE PINES, Fla., October 14, 2026 (Newswire.com) - Sorrento Property Group has sold Allaire on 41st Street in Pembroke Pines and The Reserve at Pensacola for a combined $30 million, a milestone that marks the firm's move into a larger class of property.
  • Deal / Size
    Allaire on 41st Street - 82 units, Pembroke Pines, Florida

Article date: 2026-10-14T19:00:00.000000Z

Frequently asked questions

How much did Allaire on 41st Street sell for?
The reported price is $30M combined with The Reserve at Pensacola, per Newswire.
Who sold Allaire on 41st Street?
The seller was Sorrento Property Group, per Newswire.

Related deals in Fort Lauderdale / Broward County

All Fort Lauderdale / Broward County deals · More multifamily & mixed-use deals in Miami · Miami (South Florida): this week and archive

Compiled from public sources; details can differ between sources. Always verify with the linked source.