Isaac Aronov Purchases Multifamily Asset From Jacqueline Borroto For $3.3 Million In Miami Beach
SOLD
$3,300,000
Florida
See Similar DealsMultiFamily9,224 SF
Sold 12/30/2025
SOLD
Isaac Aronov Purchases Multifamily Asset From Jacqueline Borroto For $3.3 Million In Miami Beach
7300 Harding Avenue
See Similar DealsMultiFamily9,224 SF
Sold 12/30/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$357
Total Square Footage:9,224 SF
Transaction Type:Sale
The property involved in this transaction is a multifamily asset located at 7300 Harding Avenue in Miami Beach. The sale price of the property was $3,300,000, and it consists of 20 units with a total square footage of 9,224. The price per unit is $165,000, while the price per square foot is $357.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,300,000
- Address: 7300 Harding Avenue
- Market: Miami Beach
- Units: 20
- Price Per Unit: $165,000
- Square Footage: 9,224
- Price Per Square Foot: $357
- Buyer: Isaac Aronov
- Seller: Jacqueline Borroto
- Brokers: Vicente Rodriguez & Carlos Fausto Miranda - Fausto Commercial Realty Consultants
Isaac Aronov purchased the property from Jacqueline Borroto, with Vicente Rodriguez and Carlos Fausto Miranda representing the seller in this transaction. The deal occurred on December 30, 2025.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
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