Updated Aug 12, 2026
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
About this deal
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.
On the Map
$3,340,000
$471/SF
MultiFamily
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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