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1319 Northwest 60th Street

Updated Aug 17, 2026

Michael Aleman Purchases Multifamily Asset From Alejandro Bespalko For $1,275,000 In Miami
SOLDMultiFamily

Michael Aleman Purchases Multifamily Asset From Alejandro Bespalko For $1,275,000 In Miami

1319 Northwest 60th Street

$1,275,000

$222/SF

Building Size

5,728 SF

Asset Type

MultiFamily

Closing

Aug 3, 2026

About this deal

AI

The property asset involved in this transaction is a multifamily building located at 1319 Northwest 60th Street in Miami. The sale price for the property was $1,275,000, and it encompasses a total square footage of 5,728. The price per unit amounts to $159,000.

Summary of transaction details:

Ernie Perez represents the buyer, Michael Aleman, through Gridline Properties, which is noted for its investment sale representation and strategic real estate consulting in South Florida. Alejandro Gonzalez represents the seller, Alejandro Bespalko, through Horvath & Tremblay, a firm that actively engages in various property transactions in the area.

On the Map

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$1,275,000

$222/SF

MultiFamily

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Players

Alejandro Gonzalez

Horvath & Tremblay

Broker

$40.3M

vol

7 deals

Broker

Michael Aleman

Buyer

$1.3M

vol

1 deal

Buyer

Alejandro Bespalko

Seller

$1.3M

vol

1 deal

Seller
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Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $222 per square foot on a published $1.3M for 5,728 square feet (2026).

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Browse Miami multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.44%

Cash-on-Cash

-3.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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