Updated Aug 18, 2026
Christopher Clementi Acquires Miami Multifamily At 527 Nw 11th Ave For $2.5M From Jachesu Quiroga
527 Nw 11th Ave
$2,500,000
$757/SF
Building Size
3,300 SF
Asset Type
MultiFamily
Closing
Oct 11, 2023
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 527 Nw 11th Ave in the Miami market. The asset has a total square footage of 3,300 and was sold for a transaction amount of $2,500,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,500,000.00
- Address: 527 Nw 11th Ave
- Market: Miami
- Square Footage: 3,300
- Buyer: Christopher Clementi
- Seller: Jachesu Quiroga
- Broker Representatives: Arthur Porosoff, Javier Ubeda
This transaction was facilitated with participation from real estate professionals Arthur Porosoff and Javier Ubeda, who represented the buyer and seller, respectively, in the deal. Their involvement ensured the smooth progression of the sale between the parties.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93