Updated Aug 18, 2026
Michael Ruiz Acquires Multifamily Property In Miami From Francisco Marmol For $2,860,000
600�sw�10�st
$2,860,000
$366/SF
Building Size
7,813 SF
Asset Type
MultiFamily
Closing
Nov 27, 2018
About this deal
AI
The property asset is a MultiFamily type located at 600 Sw 10 St in the Miami market, encompassing a total square footage of 7,813. The transaction for this asset was concluded at a price of $2,860,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,860,000.00
- Address: 600 Sw 10 St
- Market: Miami
- Square Footage: 7,813
- Buyer: Michael Ruiz
- Seller: Francisco Marmol
- Brokers: Arthur Porosoff, Javier Ubeda
Michael Ruiz acted as the buyer in this transaction, while Francisco Marmol served as the seller. The representatives for the deal included brokers Arthur Porosoff and Javier Ubeda, facilitating the transaction process between the buyer and seller.
On the Map
$2,860,000
$366/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
5.55%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93