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11098 Southwest 107th Street

Updated Oct 17, 2025

Henry Sanchez Sells Multifamily Asset At 11098 Southwest 107th Street Miami For $7.2M
SOLDMultiFamily

Henry Sanchez Sells Multifamily Asset At 11098 Southwest 107th Street Miami For $7.2M

11098 Southwest 107th Street

$7,200,000

$297/SF

Building Size

24,200 SF

Asset Type

MultiFamily

Closing

Sep 30, 2025

About this deal

AI

This multifamily asset located at 11098 Southwest 107th Street in Miami was sold for $7,200,000. The property consists of 29 units, encompassing a total of 24,200 square feet, resulting in a price per unit of $248,275 and a price per square foot of $297.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,200,000
  • Units: 29
  • Square Footage: 24,200
  • Price Per Unit: $248,275
  • Price Per Square Foot: $297
  • Seller: Henry Sanchez
  • Broker: Juan C. Sotolongo - Compass

Juan C. Sotolongo represented the seller in this transaction, facilitating the sale of the multifamily property. The deal occurred on September 30, 2025.

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$7,200,000

$297/SF

MultiFamily

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Players

Juan Sotolongo

Gridline Properties

Broker

$51.5M

vol

13 deals

Broker
Compass
CompassBrokerage
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Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $297 per square foot on a published $7.2M for 24,200 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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