David Barkus Acquires Multifamily Asset From Jody Cohen For $11,750,000 In Miami
1943 Nw 2 Ct
$11,750,000
$216/SF
Building Size
54,316 SF
Asset Type
MultiFamily
Closing
Feb 17, 2026
AI
The property asset involved in the transaction is a MultiFamily type located at 3300 South Dixie Hwy in Miami. The total square footage of the asset is 54,316. The transaction was completed for a price of $11,750,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $11,750,000.00
- Address: 3300 South Dixie Hwy
- Market: Miami
- Square Footage: 54,316
- Buyer: David Barkus
- Seller: Jody Cohen
The brokers involved in the transaction include Arthur Porosoff, Arden Karson from Karson & Co, and Calum Weaver from CBRE, all of whom played a significant role in facilitating the sale.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.35%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93