Updated Aug 18, 2026
Fressia Piquet Acquires Multifamily Property From Maria Duret In Miami For $1,125,000
1044 Sw 3rd St
$1,125,000
$148/SF
Building Size
7,567 SF
Asset Type
MultiFamily
Closing
Nov 10, 2014
About this deal
AI
The property asset involved in this transaction is a MultiFamily type located at 1044 Sw 3rd St in Miami. The total square footage of the asset is 7,567, and it was sold for a price of $1,125,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,125,000.00
- Address: 1044 Sw 3rd St
- Market: Miami
- Square Footage: 7,567
- Buyer: Fressia Piquet
- Seller: Maria Duret
- Broker: Arthur Porosoff
The key individuals involved in the deal include Fressia Piquet, who acted as the buyer, and Maria Duret, the seller of the property. The transaction was brokered by Arthur Porosoff, representing the interests of the parties in this deal.
Players
Miami 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
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93