1017 Jefferson LLC Acquires Miami Beach Multifamily From Michael Streicker Of Sentinel Real Estate For $4M
1017 Jefferson Avenue
$4,000,000
$290/SF
Building Size
13,765 SF
Asset Type
MultiFamily
Closing
Dec 9, 2025
AI
The property asset involved in this transaction is a MultiFamily unit located at 1017 Jefferson Avenue, Miami Beach. It sold for $4 million, translating to approximately $291 per square foot.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4 million
- Address: 1017 Jefferson Avenue
- Market: Miami Beach
- Buyer: 1017 Jefferson LLC
- Seller: Michael Streicker - Sentinel Real Estate
Key individuals involved in the transaction include the buyer, 1017 Jefferson LLC, and the seller, Michael Streicker, representing Sentinel Real Estate in this deal.
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93