Updated May 26, 2026
Ronen Shiponi Purchases Multifamily Asset In North Miami Beach For $2,705,000 With Brokers Joseph Thomas & Alec Demetriou
17150 Northeast 23rd Avenue
$2,705,000
$283/SF
Building Size
9,550 SF
Asset Type
MultiFamily
Closing
May 23, 2026
About this deal
AI
The multifamily property located at 17150 Northeast 23rd Avenue in North Miami Beach has been sold for $2,705,000. This asset comprises 12 units, with a price per unit of $225,416. The property spans a total square footage of 9,550.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,705,000
- Units: 12
- Price Per Unit: $225,416
- Square Feet: 9,550
- Buyer: Ronen Shiponi
- Seller: Jacob Ohayon
- Brokers: Joseph Thomas & Alec Demetriou - Marcus & Millichap
The transaction is represented by Joseph Thomas and Alec Demetriou from Marcus & Millichap, acting on behalf of the seller, Jacob Ohayon, and facilitating the deal with the buyer, Ronen Shiponi.
On the Map
$2,705,000
$283/SF
MultiFamily
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Players
North Miami Beach 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
5.86%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93