Updated Sep 11, 2026
Zeev Livni's FLB Coral Gables LLC Acquires Multifamily In Coral Gables For $8.5M
300 Majorca Avenue
$8,500,000
$320/SF
Building Size
26,547 SF
Asset Type
MultiFamily
Closing
Jul 6, 2022
About this deal
AI
A multifamily property located at 300 Majorca Avenue in Coral Gables has been sold in a recent transaction. The property, with a total of 17 units, was sold for a price of $8,500,000, at a per unit price of $500,000. The total rentable square footage of the property is 26,547, with a per rentable square footage price of $320.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $8,500,000
- Units: 17
- Price Per Unit: $500,000
- Rentable Square Footage: 26,547
- Price Per Rentable Square Footage: $320
- Market: Coral Gables
Zeev Livni, represented by FLB Coral Gables LLC, purchased the property from Juan F. Torres Landa, represented by Majorca Partners LLC. The transaction was facilitated by Landy Toledo of Marcus & Millichap.
On the Map
$8,500,000
$320/SF
MultiFamily
View full map
Players
Coral Gables MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Landy Toledo to view all their deals.
Browse Coral Gables multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93