Antonio Nicholls Purchases Multifamily Property In Miami From Jessica Gonzalez Reynoso For $3.04M
2454 Southwest 10th Street
$3,040,000
$281/SF
Building Size
10,808 SF
Asset Type
MultiFamily
Closing
Jan 6, 2026
AI
Antonio Nicholls purchased a 19-unit multifamily property located at 2454 Southwest 10th Street in Miami for $3,040,000. The property spans 10,808 square feet, equating to a price per unit of $160,000 and a price per square foot of $281. It is situated on a 0.46-acre lot and features two buildings, constructed in 1925 and 1947, with T4-R zoning.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,040,000
- Address: 2454 Southwest 10th Street
- Market: Miami
- Units: 19
- Price Per Unit: $160,000
- Square Footage: 10,808
- Price Per Square Foot: $281
- Seller: Jessica Gonzalez Reynoso
- Buyer: Antonio Nicholls
- Brokers: Carl Gorman & Ricardo Lay - APEX Capital Realty
In this transaction, Carl Gorman and Ricardo Lay from APEX Capital Realty facilitated the sale, representing both sides in this multifamily property deal. The transaction reflects a specific interest in the multifamily sector within the Miami real estate market.
Players
Miami 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
5.22%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93