Updated Aug 24, 2026
Igal Haimov Acquires MultiFamily Asset At 3920 Gardens Avenue Miami Beach For $5,350,000
3920 Gardens Avenue
$5,350,000
$349/SF
Building Size
15,328 SF
Asset Type
MultiFamily
Closing
Jun 2, 2022
About this deal
AI
The property located at 3920 Gardens Avenue in Miami Beach involves a multi-family asset with a total square footage of 15,328. The sale price for this property was established at $5,350,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,350,000.00
- Address: 3920 Gardens Avenue
- Market: Miami Beach
- Square Footage: 15,328
- Buyer: Igal Haimov
- Seller: Matteo Soldatini
- Broker Representatives: Arthur Porosoff, David Cohen (Horvath & Tremblay)
The transaction featured Igal Haimov as the buyer and Matteo Soldatini as the seller, with representation from brokers Arthur Porosoff and David Cohen from Horvath & Tremblay, facilitating the deal.
Players
Miami Beach 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93