Updated May 12, 2025
Christian Rodriguez Purchases Multifamily Asset From Viceroy Residences For $2.7M With Buyer's Rep Eva Garzon
77 Southeast 5th Street
$2,700,000
$2,454/SF
Building Size
1,100 SF
Asset Type
MultiFamily
Closing
Apr 16, 2025
About this deal
AI
This multifamily asset is located at 77 Southeast 5th Street in the Miami market. The property has a sale price of $2,700,000 and a total square footage of 1,100, translating to a price per square foot of $2,454.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,700,000
- Buyer: Christian Rodriguez
- Seller: Viceroy Residences
- Buyer's Representative: Eva Garzon - The Grand Lion Real Estate Group
- Seller's Representative: Valeria Lugo
- Date of Transaction: 04/23/2025
The transaction highlights the involvement of Eva Garzon, representing the buyer, and Valeria Lugo, representing the seller. These individuals played a crucial role in facilitating the deal for the multifamily property in Miami.
Players
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93