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1332 Southwest 2nd Street

Updated Oct 13, 2026

Charles Foster Purchases Multifamily Asset From Armando Navarro In Miami For $1,255,000
SOLDMultiFamily

Charles Foster Purchases Multifamily Asset From Armando Navarro In Miami For $1,255,000

1332 Southwest 2nd Street

$1,255,000

$277/SF

Building Size

4,528 SF

Asset Type

MultiFamily

Closing

Oct 5, 2026

About this deal

AI

The property asset involved in this transaction is a multifamily building located at 1332 Southwest 2nd Street in the Miami market. The sale price of the property was $1,255,000, and it comprises 6 units with a total square footage of 4,528. The price per unit calculated at approximately $209,166 and the price per square foot stands at around $277.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,255,000
  • Units: 6
  • Square Footage: 4,528
  • Price Per Unit: $209,166
  • Price Per Square Foot: $277
  • Buyer: Charles Foster
  • Seller: Armando Navarro
  • Brokers: Lia Figueredo & Alexandra Rosy Palomo-Pujol - Metro 1
  • Attorney: Salomon V. Bagdadi, esq. - Pkdb Law

This transaction involved key individuals and companies, including buyer Charles Foster and seller Armando Navarro, both of whom played critical roles in the deal. The brokerage side was represented by Lia Figueredo and Alexandra Rosy Palomo-Pujol of Metro 1, while legal representation was provided by attorney Salomon V. Bagdadi, esq. from Pkdb Law.

On the Map

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$1,255,000

$277/SF

MultiFamily

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Players

Lia Figueredo

Metro 1 Commercial

Broker

$2.6M

vol

2 deals

Broker

Charles Foster

Buyer

$1.3M

vol

1 deal

Buyer

Armando Navarro

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 $277 per square foot on a published $1.3M for 4,528 square feet (2026).

Visit Lia Figueredo 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

12.64%

Cash-on-Cash

-3.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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