Raymond Gonzalez Purchases Multifamily Asset From Alexander Pinto-Nobrega For $3,340,000 In South Miami
6647 Southwest 59th Place
$3,340,000
$471/SF
Building Size
7,085 SF
Asset Type
MultiFamily
Closing
Jul 31, 2026
AI
The transaction involved a multifamily asset located at 6647 Southwest 59th Place in the South Miami market, with a sale price of $3,340,000. The property consists of 15 units and spans across 7,085 square feet, resulting in a price per unit of $222,666 and a price per square foot of $471.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,340,000
- Units: 15
- Square Footage: 7,085
- Price Per Unit: $222,666
- Price Per Square Foot: $471
- Buyer: Raymond Gonzalez
- Seller: Alexander Pinto-Nobrega
- Brokers: Ryan Wold & Dan Dratch - Franklin Street
- Date of Transaction: 07/31/2026
Raymond Gonzalez acted as the buyer in this transaction, while Alexander Pinto-Nobrega served as the seller. The brokers facilitating the deal were Ryan Wold and Dan Dratch from Franklin Street, representing the interests of the parties involved.
Players
South 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
4.75%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93