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5040 Nw 2 Ave

Roberto Blanco Purchases MultiFamily Asset From Odalys Tarride In Miami For $1,650,000
SOLDMultiFamily

Roberto Blanco Purchases MultiFamily Asset From Odalys Tarride In Miami For $1,650,000

5040 Nw 2 Ave

$1,650,000

$345/SF

Building Size

4,777 SF

Asset Type

MultiFamily

Closing

Aug 12, 2025

AI

A multi-family property located at 1021 Nw 5th St in the Miami market has been sold for a price of $1,650,000.00. The asset encompasses a total square footage of 4,777.

Summary of transaction details:

The transaction involved Mr. Roberto Blanco as the buyer, facilitated by broker representatives Arthur Porosoff and Javier Ubeda. The seller of the property was Odalys Tarride, marking a significant engagement in the multi-family real estate market.

Players

Arthur Porosoff

Broker
Broker

Mr. Roberto Blanco

Buyer

$3.2M

vol

1 deal

Buyer

Odalys Tarride

Seller
Seller

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93