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3050 South Dixie Highway

Updated Nov 3, 2026

Chris Clementi Acquires Multifamily Property At 3050 South Dixie Highway For $5.3M
SOLDMultiFamily

Chris Clementi Acquires Multifamily Property At 3050 South Dixie Highway For $5.3M

3050 South Dixie Highway

$5,300,000

$313/SF

Building Size

16,930 SF

Asset Type

MultiFamily

Closing

Oct 30, 2026

About this deal

AI

The transaction involved a multifamily property located at 3050 South Dixie Highway in the Miami market. The sale price was $5,300,000 for a total of 20 units, with a price per unit of $265,000. The building encompasses a total square footage of 16,930, resulting in a price per square foot of $313.

Summary of transaction details:

Rafael Fermoselle represented the buyer, ensuring a seamless process for Chris Clementi. Virgilio Fernandez facilitated the transaction for the seller, Ramon Dorta, highlighting the appeal of well-located properties with significant future upside. The transaction closed in an all-cash deal with the buyer's deposit going hard immediately, marking an efficient and swift completion.

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$5,300,000

$313/SF

MultiFamily

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Players

Virgilio Fernandez

Cushman & Wakefield

Broker

$281.3M

vol

45 deals

Broker

Chris Clementi

Buyer

$35.6M

vol

7 deals

Buyer
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Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $313 per square foot on a published $5.3M for 16,930 square feet (2026).

Visit Rafael Fermoselle to view all their deals.

Browse Miami multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.99%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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