Updated Feb 26, 2026
Richard Vega Purchases Multifamily Asset At 7125 Southwest 119th Street For $2.775M With Vincent Patalano As The Broker
7125 Southwest 119th Street
$2,775,000
$940/SF
Building Size
2,952 SF
Asset Type
MultiFamily
Closing
Feb 19, 2026
About this deal
AI
The transaction involved a multifamily asset located at 7125 Southwest 119th Street in the Miami market. The property was sold for a price of $2,775,000 and has a total square footage of 2,952, resulting in a price per square foot of $940.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,775,000
- Address: 7125 Southwest 119th Street
- Market: Miami
- Square Footage: 2,952
- Price per Square Foot: $940
- Buyer: Richard Vega
- Seller: Adam Shauli, Yehuda Zargarov, Saul Shauli
- Broker: Vincent Patalano - Compass
The seller, represented by Elite Properties, is a premier investor group specializing in high-end properties. They focus on acquiring luxury homes in Miami and Brooklyn, emphasizing competitive pricing to benefit both parties in the transaction. Interested parties can reach out to Adam Shauli at [email protected] for further engagement.
Players
Pinecrest 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
5.72%
Cash-on-Cash
-1.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93