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111 Antiquera Avenue

Roberto Beraja Acquires Multifamily Property At 111 Antiquera Avenue For $1.55M With Sam Mekras As The Broker
SOLDMultiFamily

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

Sam Mekras

MSP Group

Broker

$101.8M

vol

33 deals

Broker

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