Izhak Wanounou Purchases Multifamily Property In Miami For $15 Million With Rafael Fermoselle As Buyer's Rep
SOLD
$15,000,000
Florida
See Similar DealsMultiFamily114,308 SF
Sold 04/14/2025
SOLD
Izhak Wanounou Purchases Multifamily Property In Miami For $15 Million With Rafael Fermoselle As Buyer's Rep
2052 Southwest 1st Street & 129 Southwest 21st Avenue
See Similar DealsMultiFamily114,308 SF
Sold 04/14/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$131
Total Square Footage:114,308 SF
Transaction Type:Sale
The multifamily property located at 2052 Southwest 1st Street & 129 Southwest 21st Avenue in Miami has been sold for $15,000,000. The asset encompasses a total of 57,154 square feet and consists of 43 residential units, resulting in a price per unit of $348,837 and a price per square foot of $262.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $15,000,000
- Units: 43
- Square Footage: 57,154
- Price Per Unit: $348,837
- Price Per Square Foot: $262
- Buyer: Izhak Wanounou
- Seller: Gil Conteras
- Buyer's Representative: Rafael Fermoselle - ElevenTrust Real Estate Services
- Seller's Representatives: Carlos Fausto Miranda & Mauricio Villasuso - Fausto Commercial Realty Consultants
The transaction reflects a strategic move by the buyer, who acquired the property as a 1031 exchange and plans to hold it for the long term.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$799,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83
Is there something missing? Send suggestions