Dvir Derhy, Matan Derhy & Maor Derhy Acquire North Miami Beach Multifamily For $3.9M
1951 Northeast 167th Street
$3,900,000
$319/SF
Building Size
12,200 SF
Asset Type
MultiFamily
Closing
Jul 13, 2026
AI
The multifamily asset located at 1951 Northeast 167th Street in North Miami Beach has been sold for $3,900,000. The property encompasses 20 units with a square footage of 12,200, resulting in a price per unit of $195,000 and a price per square foot of $319.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,900,000
- Units: 20
- Square Footage: 12,200
- Price Per Unit: $195,000
- Price Per Square Foot: $319
- Buyer: Dvir Derhy, Matan Derhy & Maor Derhy
- Seller: Jacob Ohayon
- Broker Representatives: Joseph Thomas & Alec Demetriou - Marcus & Millichap
The transaction involved key individuals including the buyers Dvir Derhy, Matan Derhy, and Maor Derhy, alongside the seller Jacob Ohayon, with representation from brokers Joseph Thomas and Alec Demetriou from Marcus & Millichap, facilitating this deal in the North Miami Beach market.
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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93