Updated Jul 3, 2025
Andres Pinate & Nicolas Vila Acquire Little Havana Multifamily For $1.4M
1017 Southwest 9th Street, Miami, Florida 33135, United States
$1,415,000
$230/SF
Building Size
6,152 SF
Asset Type
MultiFamily
Closing
Sep 20, 2022
About this deal
AI
Located in Little Havana, this multifamily property at 1017 SW 9th St has recently changed hands in a closed transaction. The sale was finalized on 09/21/2022 and the property was captured in a photo by Shelly Argy.
Summary of transaction details:
- Property Type: Multifamily
- Address: 1017 SW 9th St, Little Havana
The buyer of the property is Andres Pinate & Nicolas Vila, while the seller is Abraham Lowy. Representing the buyer in the deal is Kevin Kohler from Keller Williams. On the other side, Shelly Argy from Gridline Properties served as the seller's representative.
The property was sold for a total price of $1,415,000, with a unit count of 9. This translates to a per unit price of $157,222. The property spans across 6,152 square feet, resulting in a price per square foot of $230.
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.21%
Cash-on-Cash
-3.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93