Michael Sirven Acquires Multifamily Property From Evelyn Hsu For $912,000 In Florida City
145 Southwest 9th Avenue
$912,000
$175/SF
Building Size
5,194 SF
Asset Type
MultiFamily
Closing
Jun 19, 2025
AI
The property asset involved in the transaction is a multifamily fourplex located at 145 Southwest 9th Avenue in Florida City. The sale price was $912,000 for the 5,194 square feet property which comprises 4 units, resulting in a price per unit of $228,000 and a price per square foot of $175.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $912,000
- Address: 145 Southwest 9th Avenue
- Market: Florida City
- Units: 4
- Square Footage: 5,194
- Price per Unit: $228,000
- Price per Square Foot: $175
- Buyer: Michael Sirven
- Seller: Evelyn Hsu
- Broker: Sam Mekras - MSP Group
The transaction was brokered by Sam Mekras from MSP Group, who facilitated the sale of the off-market fourplex. For any inquiries related to buying, selling, or financing multifamily properties in South Florida, interested parties may reach out to Sam Mekras directly at 786-417-3709 or via email at [email protected].
Players
Florida City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.39%
Cash-on-Cash
-4.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93