David Moyal Acquires Multifamily Asset At 10821-10831 Southwest 5th Street For $1.8M
SOLD
$1,800,000
Florida
See Similar DealsMultiFamily5,408 SF
Sold 11/19/2025
SOLD
David Moyal Acquires Multifamily Asset At 10821-10831 Southwest 5th Street For $1.8M
10821 Southwest 5th Street
See Similar DealsMultiFamily5,408 SF
Sold 11/19/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$332
Total Square Footage:5,408 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset located at 10821-10831 Southwest 5th Street in the Miami market. The sale price was $1,800,000 for the 8 units, amounting to a price per unit of $225,000. The total square footage of the property is 5,408, resulting in a price per square foot of $332.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Units: 8
- Price Per Unit: $225,000
- Square Footage: 5,408
- Price Per Square Foot: $332
- Buyer: David Moyal
- Seller: Juan Sanchez
- Brokers: Shani Maimoni & Andres Grossmann - RelatedISG International Realty
The transaction featured David Moyal as the buyer and Juan Sanchez as the seller. Shani Maimoni and Andres Grossmann represented the parties involved through RelatedISG International Realty, facilitating the negotiation and finalization of the deal.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02
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