Marcus & Millichap

Luis Baez

Overview

Luis Baez joined Marcus & Millichap's Tampa office as an associate in July 2010, specializing in multifamily housing and was promoted to senior associate in January of 2014.  His focus is on seller representation of 30-plus unit apartment communities located primarily in the Tampa Bay markets.
 
Mr. Baez entered the commercial investment real estate industry in 2004 on the ownership and management side, where he assisted in analyzing and acquiring a portfolio of multifamily properties on behalf of a private investor based in South Florida. He is a graduate of the University of Tampa where he majored in finance, with a minor in Latin American studies. As an advocate of continuing education, Mr. Baez is pursuing his CCIM designation which is recognized as the most coveted and respected in the industry for commercial investment professionals. He currently serves as an active board member of the CCIM West Coast Chapter.

Tampa
Luis Baez

Luis Baez

Senior Associate
Tel: (813) 387-4849
Fax: (813) 387-4710

License:  FL  BK3038581

Certified Commercial Investment Member
National Multi Housing Council

Associate Director - National Multi Housing Group

Promoted to Senior Associate in December, 2013

University of Tampa, Bachelor of Science in Finance

Sales Recognition Award - 2016, 2015

Listed Properties

Transactions Closed

  • Royal Breeze Apartments

    Royal Breeze Apartments

    Multifamily

    Clearwater, FL
    Price: $17,200,000
    Size: 204,140 sqft
    Size: 200 units
    Cap Rate: 4.34%

  • Lenox Place Apartments

    Lenox Place Apartments

    Multifamily

    Tampa, FL
    Price: $8,800,000
    Size: 120,600 sqft
    Size: 168 units
    Cap Rate: 5.00%

  • Liv @ Boca Ciega

    Liv @ Boca Ciega

    Multifamily

    South Pasadena, FL
    Price: $6,000,000
    Size: 46,000 sqft
    Size: 50 units
    Cap Rate: 6.52%

  • Casa Corsicana

    Casa Corsicana

    Multifamily

    Seminole, FL
    Price: $5,300,000
    Size: 49,020 sqft
    Size: 53 units
    Cap Rate: 7.56%

  • Haciendas de Ybor

    Haciendas de Ybor

    Multifamily HUD

    Tampa, FL
    Price: $5,000,000
    Size: 47,925 sqft
    Size: 99 units
    Cap Rate: 5.95%

  • Parkview Apartments

    Parkview Apartments

    Multifamily

    Tampa, FL
    Price: $4,625,000
    Size: 104,400 sqft
    Size: 100 units
    Cap Rate: 3.69%

  • Avalon Village Apartments

    Avalon Village Apartments

    Multifamily

    Tampa, FL
    Price: $4,600,000
    Size: 169,130 sqft
    Size: 241 units
    Cap Rate: 10.07%

  • Temple Acres Portfolio

    Temple Acres Portfolio

    Multifamily

    Tampa, FL
    Price: $3,675,000
    Size: 90,520 sqft
    Size: 124 units
    Cap Rate: 11.35%

  • Tampa Gardens Apartments

    Tampa Gardens Apartments

    Multifamily

    Tampa, FL
    Price: $3,550,000
    Size: 110,800 sqft
    Size: 135 units
    Cap Rate: 9.55%

  • Seville Apartments

    Seville Apartments

    Multifamily

    Fort Myers, FL
    Price: $3,500,000
    Size: 51,340 sqft
    Size: 60 units
    Cap Rate: 7.26%

  • Flamingo West Apartments

    Flamingo West Apartments

    Multifamily

    Tampa, FL
    Price: $3,500,000
    Size: 62,765 sqft
    Size: 72 units
    Cap Rate: 8.49%

  • Charter House Apartments

    Charter House Apartments

    Multifamily

    St. Petersburg, FL
    Price: $3,200,000
    Size: 40,680 sqft
    Size: 57 units
    Cap Rate: 8.51%

  • Bay Villa SoHo Apartments

    Bay Villa SoHo Apartments

    Multifamily

    Tampa, FL
    Price: $2,900,000
    Size: 13,680 sqft
    Size: 24 units
    Cap Rate: 7.81%

  • Park 62

    Park 62

    Multifamily

    Pinellas Park, FL
    Price: $2,700,000
    Size: 33,850 sqft
    Size: 46 units
    Cap Rate: 7.98%

  • Walden Landing

    Walden Landing

    Multifamily

    Plant City, FL
    Price: $2,575,000
    Size: 23,128 sqft
    Size: 44 units
    Cap Rate: 8.50%

  • Sandanay and Stonehenge

    Sandanay and Stonehenge

    Multifamily

    Tampa, FL
    Price: $2,500,000
    Size: 79,750 sqft
    Size: 100 units
    Cap Rate: 10.55%

  • Citrus Grove Apartments

    Citrus Grove Apartments

    Multifamily

    St. Petersburg, FL
    Price: $2,400,000
    Size: 70,885 sqft
    Size: 84 units
    Cap Rate: 7.64%

  • Royal Palm Apartments

    Royal Palm Apartments

    Multifamily

    St. Petersburg, FL
    Price: $2,300,000
    Size: 28,750 sqft
    Size: 40 units
    Cap Rate: 8.11%

  • The Academy

    The Academy

    Multifamily

    Tampa, FL
    Price: $2,205,000
    Size: 12,980 sqft
    Size: 18 units
    Cap Rate: 4.10%

  • Lincoln Place Apartments

    Lincoln Place Apartments

    Multifamily

    Tampa, FL
    Price: $2,147,500
    Size: 38,400 sqft
    Size: 48 units
    Cap Rate: 9.61%

  • Armenia Village Condominiums

    Armenia Village Condominiums

    Multifamily

    Tampa, FL
    Price: $2,050,000
    Size: 60,252 sqft
    Size: 70 units
    Cap Rate: 8.61%

  • Cypress Grove Apartments

    Cypress Grove Apartments

    Multifamily Tax Credit

    Land O Lakes, FL
    Price: $2,050,000
    Size: 39,125 sqft
    Size: 47 units
    Cap Rate: 9.66%

  • The Hamptons at Brandon

    The Hamptons at Brandon

    Multifamily

    Brandon, FL
    Price: $2,050,000
    Size: 43,200 sqft
    Size: 47 units
    Cap Rate: 5.73%

  • Dale Mabry Palms Apartments

    Dale Mabry Palms Apartments

    Multifamily

    Tampa, FL
    Price: $2,000,000
    Size: 31,840 sqft
    Size: 40 units
    Cap Rate: 10.99%

  • Hyde Park Pointe

    Hyde Park Pointe

    Multifamily

    Tampa, FL
    Price: $1,900,000
    Size: 24,050 sqft
    Size: 32 units
    Cap Rate: 7.04%

  • Monaco Villas

    Monaco Villas

    Multifamily

    Tampa, FL
    Price: $1,750,000
    Size: 75,000 sqft
    Size: 106 units
    Cap Rate: -7.75%

  • Palma Ceia Palms

    Palma Ceia Palms

    Multifamily

    Tampa, FL
    Price: $1,750,000
    Size: 10,800 sqft
    Size: 12 units
    Cap Rate: 6.75%

  • The Grant

    The Grant

    Multifamily

    Tampa, FL
    Price: $1,725,000
    Size: 7,860 sqft
    Size: 12 units
    Cap Rate: 6.17%

  • St. Louis Plaza

    St. Louis Plaza

    Multifamily

    Tampa, FL
    Price: $1,555,000
    Size: 14,600 sqft
    Size: 16 units
    Cap Rate: 5.76%

  • Plant City Portfolio

    Plant City Portfolio

    Multifamily

    Plant City, FL
    Price: $1,550,000
    Size: 34,065 sqft
    Size: 44 units
    Cap Rate: 9.04%

  • Divine Condos

    Divine Condos

    Multifamily

    Tampa, FL
    Price: $1,475,000
    Size: 14,586 sqft
    Size: 26 units
    Cap Rate: 8.54%

  • Bay Villa Apartments

    Bay Villa Apartments

    Multifamily

    Tampa, FL
    Price: $1,450,000
    Size: 13,680 sqft
    Size: 24 units
    Cap Rate: 10.01%

  • Rose Tree Gardens

    Rose Tree Gardens

    Multifamily

    Seminole, FL
    Price: $1,380,000
    Size: 49,690 sqft
    Size: 53 units
    Cap Rate: 4.40%

  • Parsons Green

    Parsons Green

    Multifamily

    Brandon, FL
    Price: $1,370,000
    Size: 22,400 sqft
    Size: 32 units
    Cap Rate: 9.62%

  • Belfair Park Townhomes Development

    Belfair Park Townhomes Development

    Land - Multi-Family

    Tampa, FL
    Price: $1,270,000
    Size: 17 units

  • Colony House Apartments

    Colony House Apartments

    Multifamily

    Tampa, FL
    Price: $1,265,000
    Size: 16,200 sqft
    Size: 20 units
    Cap Rate: 8.64%

  • Terrace Square Apartments

    Terrace Square Apartments

    Multifamily

    Tampa, FL
    Price: $1,190,000
    Size: 18,672 sqft
    Size: 25 units
    Cap Rate: 8.84%

  • The Palms

    The Palms

    Multifamily

    Saint Petersburg, FL
    Price: $1,150,000
    Size: 21,840 sqft
    Size: 32 units
    Cap Rate: 10.80%

  • San Isidro Apartments

    San Isidro Apartments

    Multifamily

    Tampa, FL
    Price: $1,140,000
    Size: 8,960 sqft
    Size: 08 units
    Cap Rate: 7.26%

  • Pelican Apartments

    Pelican Apartments

    Multifamily

    Apollo Beach, FL
    Price: $1,137,500
    Size: 13,596 sqft
    Size: 16 units
    Cap Rate: 7.74%

  • Charleston by the Bay

    Charleston by the Bay

    Multifamily

    Tampa, FL
    Price: $1,100,000
    Size: 14,586 sqft
    Size: 26 units
    Cap Rate: 10.20%

  • Andover Bay Townhomes

    Andover Bay Townhomes

    Multifamily

    St. Petersburg, FL
    Price: $1,000,000
    Size: 23,620 sqft
    Size: 18 units
    Cap Rate: 14.13%

  • Bungalow City Apartments

    Bungalow City Apartments

    Multifamily

    Tampa, FL
    Price: $1,000,000
    Size: 5,250 sqft
    Size: 10 units
    Cap Rate: 5.57%

  • The Dos Santos Portfolio

    The Dos Santos Portfolio

    Multifamily

    Tampa, FL
    Price: $950,000
    Size: 5,652 sqft
    Size: 08 units
    Cap Rate: 6.01%

  • 4005 East Humphrey Street

    4005 East Humphrey Street

    Multifamily

    Tampa, FL
    Price: $900,000
    Size: 15,712 sqft
    Size: 24 units
    Cap Rate: 10.26%

  • Kennedy Plaza Townhouse Development Site

    Kennedy Plaza Townhouse Development Site

    Multifamily

    Tampa, FL
    Price: $812,500
    Size: 32,670 sqft
    Size: 15 units
    Cap Rate: 7.26%

  • Old Dixie Highway RV

    Old Dixie Highway RV

    Mobile Home Park

    Hudson, FL
    Price: $800,000
    Size: 35 units
    Cap Rate: 15.32%

  • Davis Island Portfolio

    Davis Island Portfolio

    Multifamily

    Tampa, FL
    Price: $750,000
    Size: 8,408 sqft
    Size: 16 units
    Cap Rate: 4.36%

  • The Dunbar

    The Dunbar

    Multifamily

    St. Petersburg, FL
    Price: $732,500
    Size: 11,880 sqft
    Size: 12 units
    Cap Rate: 5.64%

  • Texaco Xpress Lube

    Texaco Xpress Lube

    Net Leased Auto Service - Gas/Conv.

    Riverview, FL
    Price: $729,000
    Size: 1,400 sqft
    Cap Rate: 7.97%

  • Church Avenue Apartments

    Church Avenue Apartments

    Multifamily

    Tampa, FL
    Price: $665,000
    Size: 13,062 sqft
    Size: 19 units
    Cap Rate: 11.32%

  • Prince Gregor Apartments

    Prince Gregor Apartments

    Multifamily

    St. Petersburg, FL
    Price: $650,000
    Size: 6,230 sqft
    Size: 12 units

  • Paramount Apartments

    Paramount Apartments

    Multifamily

    Tampa, FL
    Price: $645,000
    Size: 4,700 sqft
    Size: 06 units
    Cap Rate: 6.41%

  • Liv @ Villa Serena

    Liv @ Villa Serena

    Multifamily

    St. Petersburg, FL
    Price: $620,000
    Size: 7,315 sqft
    Size: 09 units
    Cap Rate: 7.39%

  • Regency Manor Apartments

    Regency Manor Apartments

    Multifamily

    Tampa, FL
    Price: $610,000
    Size: 35,760 sqft
    Size: 60 units
    Cap Rate: 2.79%

  • Urban Heights

    Urban Heights

    Multifamily

    Tampa, FL
    Price: $595,000
    Size: 7,640 sqft
    Size: 14 units
    Cap Rate: 8.17%

  • 525 Monterey Boulevard NE

    525 Monterey Boulevard NE

    Multifamily

    Saint Petersburg, FL
    Price: $524,000
    Size: 2,890 sqft
    Size: 05 units
    Cap Rate: 4.77%

  • Buffalo Medical Center

    Buffalo Medical Center

    Office Medical

    Tampa, FL
    Price: $490,000

  • 50th Avenue Apartments

    50th Avenue Apartments

    Multifamily

    St. Petersburg, FL
    Price: $415,000
    Size: 5,718 sqft
    Size: 12 units
    Cap Rate: 12.89%

  • Aguila Palms

    Aguila Palms

    Multifamily

    Tampa, FL
    Price: $390,000
    Size: 4,116 sqft
    Size: 07 units
    Cap Rate: 6.52%

  • Graham Bottling Works Factory Lofts

    Graham Bottling Works Factory Lofts

    Multifamily Vacant/User

    Tampa, FL
    Price: $375,000
    Size: 32,984 sqft
    Size: 20 units

  • Stroud Apartments

    Stroud Apartments

    Multifamily

    Tampa, FL
    Price: $315,000
    Size: 3,400 sqft
    Size: 04 units

  • Melrose Place

    Melrose Place

    Multifamily

    Tampa, FL
    Price: $300,000
    Size: 12,754 sqft
    Size: 22 units
    Cap Rate: 7.24%

  • Westbury House Assisted Living

    Westbury House Assisted Living

    Assisted Living Care

    New Port Richey, FL
    Price: $300,000
    Size: 5,713 sqft
    Size: 14 units
    Cap Rate: -2.15%

  • Hillcrest Mobile Home Park

    Hillcrest Mobile Home Park

    Mobile Home Vacant/User

    Lakeland, FL
    Price: $280,000
    Size: 23 units
    Cap Rate: 12.24%

  • North A Apartments

    North A Apartments

    Multifamily

    Tampa, FL
    Price: $265,000
    Size: 3,990 sqft
    Size: 06 units
    Cap Rate: 8.00%

  • Hamptons

    Hamptons

    Multifamily

    Brandon, FL
    Price: $240,000
    Size: 04 units
    Cap Rate: 17.50%

  • Madeline Drive MHP

    Madeline Drive MHP

    Mobile Home Park

    Hudson, FL
    Price: $150,000
    Size: 10 units
    Cap Rate: 31.64%

  • 15831 Brenda Street

    15831 Brenda Street

    Multifamily

    Hudson, FL
    Price: $85,000
    Size: 7,300 sqft
    Size: 10 units
    Cap Rate: 3.72%

In The News

  • $2.3 MILLION APARTMENT BUILDING SALE ARRANGED BY MARCUS & MILLICHAP

    Press Release: Citybizlist, 2-18-15

    Read More

    $1.140 Million Apartment Building Sale Arranged by Marcus Millichap

    Press Release: Citybizlist - 1/27/15

    Read More

    Marcus & Millichap Arranges the Sale of Graham Bottling Works Factory Lofts for $375,000

    Press Release: Citybizlist - 1/27/15

    Read More
  • Marcus & Millichap Arranges The Sale Of Tampa Gardens Apartments For $3.550 Million

    Press Release: Tampa Bay News Wire - 1/12/15

    Read More

    Marcus & Millichap Arranges The Sale of Liv @ Boca Ciega for $6.0 Million

    Press Release: Citybizlist - 12/4/14

    Read More

    Marcus & Millichap Arranges The Sale Of Flamingo West Apartments For $3.5M

    Press Release: Citybizlist - 11-19-14

    Read More
  • Marcus & Millichap Arranges The Sale Of Urban Heights For $595,000

    Press Release: Citybizlist, 8/26/14

    Read More

    Marcus & Millichap Arranges The Sale Of Belfair Park Townhomes Development For $1.270 Million | Tampa Bay News Wire

    Press Release: Tampa Bay News Wire, 7/15/14

    Read More

    Marcus & Millichap Arranges The Sale Of A 124-Unit Apartment Building For $3,675,000

    Press Release - Tampa Bay News Wire - 10/29/13

    Read More
  • Davis Islands Apartments Sold Above Asking Price

    Press Release: Tampa Bay Business Journal - 10/25/13

    Read More

    Marcus & Millichap Arranges The Sale Of A 16-Unit Apartment Building For $750,000

    Press Release: Tampa Bay News Wire - 10/27/13

    Read More

    $1.750 Million Buys A Distressed Apartment Community in Tampa

    Press Release - Tampa Bay News Wire - 7/11/13

    Read More
  • 53-Unit Multifamily Property Sold By Marcus & Millichap

    Press Release: Tampa Bay News Wire: 6/4/13

    Read More

    Marcus & Millichap Trades two Tampa Apartments for $7.5 Million

    Press Release - Tampa Bay Business Journal - 5/8/13

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    Marcus & Millichap Announces The Sale Of Church Avenue Apartments For $665,000

    Press Release: Tampa Bay Newswire - 4/7/13

    Read More
  • Divine Condos in Tampa, Fla. Sells For $1.475 Million

    Press Release: South Florida Citybizlist - 2/28/13

    Read More

    Villa Serena Apartments Sells For $620,000

    Press Release | Tampa Bay News Wire 1-20-13

    Read More

    Baez & Babb Arrange Sale of Dale Mabry Palms Apartments in Tampa, Fl

    Press Release: Done Deals - 3/12/12

    Read More
  • 22-Unit Melrose Place in Tampa Sells for $23.52 PSF

    Press Release - Citybizlist South Florida - 9/12/11

    Read More

    Regency Manor Apts.

    Press Release: Maddux NewsWire - 7/31/11

    Read More