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700 Southwest 12th Avenue

Gabriela Rodino Acquires Multifamily Asset From Julio Fojon In Miami For $2.16M
SOLDMultiFamily

Gabriela Rodino Acquires Multifamily Asset From Julio Fojon In Miami For $2.16M

700 Southwest 12th Avenue

$2,160,000

$352/SF

Building Size

6,136 SF

Asset Type

MultiFamily

Closing

Oct 9, 2025

AI

This multifamily asset located at 700 Southwest 12th Avenue in Miami comprises 13 units, spanning a total of 6,136 square feet. The property was sold for a transaction amount of $2,160,000, equating to a price per unit of $166,153 and a price per square foot of $352.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,160,000
  • Units: 13
  • Square Footage: 6,136
  • Price per Unit: $166,153
  • Price per Square Foot: $352
  • Buyer: Gabriela Rodino
  • Seller: Julio Fojon
  • Broker: Donald Shapiro - Compass

Donald Shapiro represented both the buyer, Gabriela Rodino, and the seller, Julio Fojon, in this successful 100% off market transaction. For off market opportunities, inquiries can be directed to donald.shapiro@compass.com or through the messaging handle @therealdonaldshapiro, as the team actively sources off market deals across all asset classes in the Southeast.

Players

Donald Shapiro

Compass

Broker

$58.8M

vol

10 deals

Broker
Compass
CompassBrokerage
Gabriela Rodino

Gabriela Rodino

Buyer

$5.7M

vol

3 deals

Buyer

Julio Fojon

Seller

$8.2M

vol

3 deals

Seller

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

7.34%

Cash-on-Cash

-2.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93