Updated Aug 18, 2026
Pablo Gronda Purchases MultiFamily Property From Santiago Klein In Miami Beach For $1,300,000
1965 Calais Dr
$1,300,000
$257/SF
Building Size
5,040 SF
Asset Type
MultiFamily
Closing
Jun 26, 2015
About this deal
AI
The property asset involved in this transaction is a MultiFamily real estate located at 1965 Calais Dr in Miami Beach, featuring a square footage of 5,040. The transaction price for this asset was $1,300,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,300,000.00
- Address: 1965 Calais Dr
- Market: Miami Beach
- Square Footage: 5,040
- Buyer: Pablo Gronda
- Seller: Santiago Klein
- Brokers: Arthur Porosoff, David Cohen (Horvath & Tremblay)
The key individuals in this transaction include the buyer, Pablo Gronda, and the seller, Santiago Klein. The brokerage representation was provided by Arthur Porosoff and David Cohen from Horvath & Tremblay, who facilitated the deal.
Players
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93