Updated Dec 19, 2023
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
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93