Updated Dec 17, 2025
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
About this deal
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.
On the Map
$4,000,000
$290/SF
MultiFamily
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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