facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

2031 Northeast 139th Street...

Updated Dec 19, 2023

Keith Gould Acquires Multifamily Property In North Miami Beach For $7M
SOLDMultiFamily

Keith Gould Acquires Multifamily Property In North Miami Beach For $7M

2031 Northeast 139th Street, North Miami Beach, FL 33181, USA

$7,000,000

$229/SF

Building Size

30,568 SF

Asset Type

MultiFamily

Closing

Dec 7, 2021

About this deal

AI

Located in North Miami Beach, the property at 2031 NE 139th Street was recently sold in a multifamily transaction. The sale, which took place on December 7, 2021, involved a total of 39 units within the building, spanning a total of 30,568 square feet. The property was listed for and ultimately sold for $7,000,000, resulting in a price per unit of $179,487 and a price per square foot of $229. The transaction was facilitated by Eddie Toledo and Jonathan De La Rosa from Marcus & Millichap, representing both the buyer and the seller, Keith Gould and Aurelia Marin respectively.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,000,000
  • Date: December 7, 2021
  • Address: 2031 NE 139th Street
  • Market: North Miami Beach

Eddie Toledo and Jonathan De La Rosa, both from Marcus & Millichap, played a pivotal role in this transaction as the brokers representing both the buyer, Keith Gould, and the seller, Aurelia Marin. Through their expertise in the real estate market, they facilitated the successful sale of the multifamily property in North Miami Beach.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$680.9M

vol

149 deals

Broker

North Miami Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $229 per square foot on a published $7M for 30,568 square feet (2021).

Visit Jonathan De La Rosa to view all their deals.

Browse Florida multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets