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Karson & Co And Porosoff Group Facilitate $11.75M Multifamily Sale In Miami

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SOLD
$11,750,000

Florida

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MultiFamily54,316 SF
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SOLD

Karson & Co And Porosoff Group Facilitate $11.75M Multifamily Sale In Miami

3300 South Dixie Highway

See Similar Deals
MultiFamily54,316 SF
Sold
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$216
Total Square Footage:54316 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 3300 South Dixie Highway in the Miami market. The sale was executed for a total price of $11,750,000, consisting of 45 units with a price per unit of $261,111. The building has a total square footage of 54,316, resulting in a price per square foot of $216.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $11,750,000
  • Units: 45
  • Price Per Unit: $261,111
  • Square Footage: 54,316
  • Price Per Square Foot: $216
  • Buyer's Representative: Arden Karson - Karson & Co
  • Buyer's Representative: Arthur Porosoff - Porosoff Group - Compass
  • Seller's Representative: Calum Weaver - CBRE

The transaction featured key individuals and firms managing the deal, with Arden Karson and Arthur Porosoff representing the buyer, while Calum Weaver represented the seller. Each representative played a crucial role in facilitating the successful closure of this multifamily deal in the Miami market.

Players

Arden Karson
5 deals$29.6M volume
BROKER

Calum Weaver
CBRE
30 deals$621.2M volume
BROKER

Arthur Porosoff
Compass
24 deals$175.5M volume(305) 733-6066
BROKER

Details

SOLD
IMAGE: Calum Weaver, Arthur Porosoff & Arden Karson DATE: 02/17/2026 ADDRESS: 3300 South Dixie Highway MARKET: Miami ASSET TYPE: Multifamily BUYER'S REP: Arden Karson - Karson & Co (@Karson_Co); Arthur Porosoff (@ArtrageousMiami) - Porosoff Group (@ThePorosoffgroup) - Compass (@Compass) SELLER'S REP: Calum Weaver (@WeaverCalum) - CBRE (@CBRE) SALE PRICE: $11,750,000 UNITS: 45 ~ PPU: $261,111 SF: 54,316 ~ PPSF: $216

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$626,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$41,745.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$55,700.99
Annual Debt Service$668,411.93