Updated Oct 9, 2026
Demian Perlemuter Acquires Multifamily Asset In North Miami Beach For $6.14M
1755 Northeast 164th Street
$6,140,000
$164/SF
Building Size
37,405 SF
Asset Type
MultiFamily
Closing
Oct 2, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 1755 Northeast 164th Street in North Miami Beach. The sale price for the property was $6,140,000, which corresponds to a square footage of 33,873 and a price per square foot of $181.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,140,000
- Address: 1755 Northeast 164th Street
- Market: North Miami Beach
- Square Footage: 33,873
- Price Per Square Foot: $181
- Buyer: Demian Perlemuter
- Brokers: Vicente Rodriguez, Carlos Fausto Miranda & Christopher Canizares - Fausto Commercial Realty Consultants
The key individuals involved in this transaction include Demian Perlemuter as the buyer and Vicente Rodriguez, Carlos Fausto Miranda, and Christopher Canizares representing the transaction through Fausto Commercial Realty Consultants.
On the Map
$6,140,000
$164/SF
MultiFamily
View full map
Players
North Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Carlos Fausto Miranda to view all their deals.
Browse North Miami Beach multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93