Wednesday, February 28, 2018

The Keyes Company Closes All-Bitcoin Townhouse Sale in Miami

Broker Manuel Perez and attorney Jonathon Coto Close Bitcoin Townhouse Deal
in Miami, FL

Coral Gables, FL – The Keyes Company has completed the all-Bitcoin sale of a Miami townhouse. This is believed to be the third such transaction to close in Florida as real estate buyers and sellers start to embrace cryptocurrency.

Manuel Perez of Keyes’ Coral Gables-based Elizabeth Perez Team listed the 3180 SW 22nd Terrace townhouse on behalf of the seller. The 1,321-square-foot townhouse is located steps away from Coral Gables. The sale closed for 41.35 Bitcoin, or $338,878, on Feb. 7.

The seller and buyer in the transaction were not disclosed.

“We congratulate the Elizabeth Perez Team for successfully navigating the new world of cryptocurrency in completing this sale,” said Mike Pappas, CEO of The Keyes Company. “At Keyes, we strive to be ahead of the curve when it comes to changes in the industry. We are well-positioned to accommodate buyers and sellers who want to use cryptocurrencies in transactions.”

Yaramis Caminero
Yaramis Caminero represented the buyer in the deal. South Miami attorney Jonathan Coto handled the closing.

The transaction provides further evidence that cryptocurrencies are becoming “mainstream” in the real estate industry and business world, according to Perez. He is also handling a condominium listing at 737 11th Street in Miami Beach in which the owner is willing to accept Bitcoin and Ethereum.

“Real estate sales using Bitcoin or Ethereum are adding legitimacy to the use of cryptocurrencies in the real world,” he said. “Our team is seeing interest from other buyers and sellers in these kinds of transactions. We look forward to continuing to facilitate such deals.”

The Elizabeth Perez Team has 21 years of real estate industry experience. In addition to transactions involving cryptocurrencies, the team represents buyers and sellers of luxury real estate and commercial real estate and handles market entry analysis and site selection for chains and franchises.

Independently-owned and operated since its founding in 1926, Keyes is extremely active in luxury residential real estate. In 2017, Keyes generated more than $6 billion in real estate services across its Family of Companies.

The Keyes Family of Companies is the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States.

Elizabeth L. Perez

Born in Cuba, Elizabeth L. Perez has earned the reputation of being one of the most trusted names in Miami real estate. As a dedicated Broker Associate and Assistant District Sales Manager with The Keyes Company in Coral Gables, FL, Ms. Perez specializes in selling properties within the commercial real estate market. Her charming personality, strong work ethic, and direct communication style enable her to build relationships with ease with customers and peers alike.

Fluent in English and Spanish, Ms. Perez travels around the globe to track changes in real estate as well as to work with clients from Europe, China, South America and the Middle East assisting them in finding first-class investments, commercial Properties.
She has appeared and/or been quoted in the Wall Street Journal, Haute Living, Miami Today, The Robb Report, Agents Magazine and the Miami Herald. And, because of her in-depth knowledge of real estate trends, Ms. Perez regularly counsels other realtors on shifts in the market.

Ms. Perez began her real estate career in Illinois before moving to Miami over 15 years ago.

 For more information on this transaction, please contact:

Eric Kalis
Account Director, BoardroomPR
O 954-370-8999
C 305-794-5123
Bank of America Plaza | 1776 N Pine Island Road
Suite 320 | Fort Lauderdale, FL 33322
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