Updated Oct 8, 2025
Carlos Frost Sells Multifamily Asset At 428 And 436 Southwest 13th Avenue For $1.63M
428 Southwest 13th Avenue & 436 Southwest 13th Avenue
$1,630,000
$237/SF
Building Size
3,120 SF
Asset Type
MultiFamily
Closing
Oct 1, 2025
About this deal
AI
This multifamily property, located at 428 Southwest 13th Avenue & 436 Southwest 13th Avenue in the Miami market, was sold for a total price of $1,630,000. The asset comprises 8 units with a total square footage of 6,870. The price per unit stands at $203,750, and the price per square foot is $237.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,630,000
- Units: 8
- Square Footage: 6,870
- Price Per Unit: $203,750
- Price Per Square Foot: $237
- Seller: Carlos Frost
- Broker: Sam Schwartz - STL Commercial
- Date of Sale: 10/02/2025
In this transaction, Carlos Frost was the seller of the multifamily property, while Sam Schwartz represented STL Commercial as the broker involved in the deal.
On the Map
$1,630,000
$237/SF
MultiFamily
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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
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93