Updated Sep 9, 2024
Patty Rodriguez Acquires Little Havana Multifamily For $950K
1278 Southwest 2nd Street
$950,000
$351/SF
Building Size
2,705 SF
Asset Type
MultiFamily
Closing
Oct 12, 2022
About this deal
AI
A multifamily property located at 1278 SW 2nd St in Little Havana has been sold for a total price of $950,000. The property consists of 4 units with an average price per unit of $237,500. The total square footage of the property is 2,705 and the price per square foot is $351.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $950,000
- Units: 4
- Price per Unit: $237,500
- Square Footage: 2,705
- Price per Square Foot: $351
- Address: 1278 SW 2nd St
- Market: Little Havana
Patty Rodriguez has purchased the property from Katina Chatzipanteli. The deal was facilitated by Andros Sarduy, P.A and Giovanni Vasquez P.A of Synergy Realty Advisors.
On the Map
$950,000
$351/SF
MultiFamily
View full map
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Giovanni Vasquez to view all their deals.
Browse Miami multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
16.70%
Cash-on-Cash
-4.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93