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Roberto Blanco And Roberto A. Blanco Acquire Multifamily Asset In Miami For $1.65M

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SOLD
$1,650,000

Florida

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MultiFamily4,777 SF
Sold 08/11/2025
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Property Image
SOLD

Roberto Blanco And Roberto A. Blanco Acquire Multifamily Asset In Miami For $1.65M

1021 Northwest 5th Street

See Similar Deals
MultiFamily4,777 SF
Sold 08/11/2025
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$345
Total Square Footage:4,777 SF
Transaction Type:Sale

The asset involved in this transaction is a multifamily property located at 1021 Northwest 5th Street, Miami. The property consists of 6 units, covering a total square footage of 4,777. The sale price was set at $1,650,000, resulting in a price per unit of $275,000 and a price per square foot of $345.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,650,000
  • Address: 1021 Northwest 5th Street
  • Market: Miami
  • Units: 6
  • Price Per Unit: $275,000
  • Square Footage: 4,777
  • Price Per Square Foot: $345
  • Buyer: Roberto Blanco & Roberto A. Blanco
  • Seller: Albin Tarride
  • Buyer's Representative: George Jimenez
  • Seller's Representative: Javier A. Ubeda - Compass

The transaction involved key individuals, including buyers Roberto Blanco and Roberto A. Blanco, who acquired the property from seller Albin Tarride. The representation for the buyer was provided by George Jimenez, while Javier A. Ubeda from Compass represented the seller in the deal.

Players

Javier A. Ubeda
13 deals$42.5M volume
BROKER

George Jimenez
7 deals$20.3M volume(305) 336-6381
BROKER

Compass
BROKERAGE

Details

SOLD
IMAGE: George Jimenez, Javier A. Ubeda, Roberto A. Blanco & Roberto Blanco DATE: 08/11/2025 ADDRESS: 1021 Northwest 5th Street MARKET: Miami ASSET TYPE: Multifamily BUYER: Roberto Blanco (@Roberto_Blanco_Hidalgo) & Roberto A. Blanco (@HelloimBlanco_) SELLER: Albin Tarride BUYER'S REP: George Jimenez (@GeorgeJimenez_miamicre_) SELLER'S REP: Javier A. Ubeda (@MultifamilyMiami) - Compass (@Compass) SALE PRICE: $1,650,000 UNITS: 6 ~ PPU: $275,000 SF: 4,777 ~ PPSF: $345

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$88,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10