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715 Northeast 92nd Street

Hansell Shook Purchases Multifamily Property In Miami Shores For $1,175,000 With Brokers Juan Sotolongo And Angelo Navarro
SOLDMultiFamily

Hansell Shook Purchases Multifamily Property In Miami Shores For $1,175,000 With Brokers Juan Sotolongo And Angelo Navarro

715 Northeast 92nd Street

$1,175,000

$416/SF

Building Size

2,822 SF

Asset Type

MultiFamily

Closing

Jul 2, 2026

AI

The asset involved in this transaction is a multifamily property located at 715 Northeast 92nd Street in Miami Shores. The property consists of 4 units, with a sale price of $1,175,000, translating to a price per unit of $293,750. It has a total square footage of 2,822, resulting in a price per square foot of $416.

Summary of transaction details:

The brokers involved in this transaction are Juan Sotolongo representing Gridline Properties and Angelo Navarro from Keller Williams Realty. Gridline Properties is noted as a leading brokerage firm in South Florida, specializing in investment sale representation and strategic real estate consulting.

Players

Angelo Navarro

Compass

Broker
Broker

Hansell Shook

Buyer

$1.2M

vol

1 deal

Buyer

Lawrence D. Kruguer

Seller

$1.2M

vol

1 deal

Seller

Miami Shores MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.50%

Cash-on-Cash

-3.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93