Updated Aug 18, 2026
Gloria Caceres Acquires Multifamily Property At 1035 Pennsylvania Ave From Raymond Valori For $2.5M
1035 Pennsylvania Ave
$2,500,000
$338/SF
Building Size
7,386 SF
Asset Type
MultiFamily
Closing
Apr 3, 2015
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 1035 Pennsylvania Ave, Miami Beach. The property encompasses a total square footage of 7,386 and was sold for an amount of $2,500,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,500,000.00
- Address: 1035 Pennsylvania Ave
- Market: Miami Beach
- Square Footage: 7,386
- Buyer: Gloria Caceres
- Seller: Raymond Valori
- Broker: Arthur Porosoff
This transaction was facilitated by Arthur Porosoff, representing the broker involved in the sale between buyer Gloria Caceres and seller Raymond Valori, marking a significant deal within the Miami Beach real estate market.
Players
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93