Roberto Beraja Acquires Multifamily Property At 111 Antiquera Avenue For $1.55M With Sam Mekras As The Broker
111 Antiquera Avenue
$1,550,000
$474/SF
Building Size
3,268 SF
Asset Type
MultiFamily
Closing
Oct 1, 2024
AI
The property asset involved in the transaction is a multifamily building located at 111 Antiquera Avenue in Coral Gables. The sale price of the asset was $1,550,000. The multifamily building consists of 4 units and has a total square footage of 3,268. The price per unit was $387,500, and the price per square foot was $474.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 111 Antiquera Avenue
- Market: Coral Gables
- Units: 4
- Square Footage: 3,268
- Price Per Unit: $387,500
- Price Per Square Foot: $474
- Buyer: Roberto Beraja
- Broker: Sam Mekras - MSP Group
The broker representing the sale is Sam Mekras from MSP Group. The transaction was performed off-market, and MSP Group LLC has indicated readiness to assist individuals looking to buy, sell, or finance multifamily property in South Florida.
Players
Coral Gables 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93