Updated Aug 18, 2026
Pedro Da Silva Purchases 3412 Nw 2nd Ave Multifamily Property From Arias Santos For $1,030,000
3412 Nw 2nd Ave
$1,030,000
$168/SF
Building Size
6,100 SF
Asset Type
MultiFamily
Closing
Apr 23, 2015
About this deal
AI
The property involved in this transaction is a multi-family asset located at 3412 Nw 2nd Ave in Miami. The property features a total square footage of 6,100 and was sold for $1,030,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,030,000.00
- Address: 3412 Nw 2nd Ave
- Market: Miami
- Asset Size: 6,100 SF
- Buyer: Pedro Da Silva
- Seller: Arias Santos
- Brokers: Arthur Porosoff, Vicente Rodriguez (Fausto Commercial Realty Consultants)
The transaction was facilitated by brokers Arthur Porosoff and Vicente Rodriguez, representing Fausto Commercial Realty Consultants. The deal transitioned ownership from the seller, Arias Santos, to the buyer, Pedro Da Silva, marking a significant step in the local 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
15.40%
Cash-on-Cash
-4.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93