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428 Southwest 13th Avenue

Carlos Frost Sells Multifamily Asset At 428 And 436 Southwest 13th Avenue For $1.63M
SOLDMultiFamily

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

6,870 SF

Asset Type

MultiFamily

Closing

Oct 1, 2025

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.

Players

Sam Schwartz

STL Commercial

Broker

$23.2M

vol

5 deals

Broker
 STL Commercial
STL CommercialBrokerage

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