Updated Dec 4, 2024
Pablo Abreu Acquires Miami Beach Multifamily For $1,625,000
7310 Carlyle Avenue
$1,625,000
$498/SF
Building Size
3,260 SF
Asset Type
MultiFamily
Closing
Feb 16, 2024
About this deal
AI
The multifamily property located at 7310 Carlyle Avenue in Miami Beach was sold for $1,625,000. This property consists of 4 units with a total square footage of 3,260 square feet. The price per unit was $406,250, and the price per square foot was $498.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,625,000
- Units: 4
- Square Footage: 3,260
- Price per Unit: $406,250
- Price per Square Foot: $498
- Address: 7310 Carlyle Avenue, Miami Beach
- Market: Miami Beach
The Real Estate Sales Force (RESF) represented both parties in this transaction. Pablo Abreu was the buyer, while Hernan De Los Rios was the seller. The buyer's representatives were Bryan Ozuna and Karen Gomez.
On the Map
$1,625,000
$498/SF
MultiFamily
View full map
Players
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Karen Gomez to view all their deals.
Browse Miami Beach multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93