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1951 Northeast 167th Street

Dvir Derhy, Matan Derhy & Maor Derhy Acquire North Miami Beach Multifamily For $3.9M
SOLDMultiFamily

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:

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

Joseph Thomas

Marcus & Millichap

Broker

$381.5M

vol

55 deals

Broker

Dvir Derhy

Buyer

$3.9M

vol

1 deal

Buyer
Jacob Ohayon

Jacob Ohayon

Seller

$117.8M

vol

19 deals

Seller

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