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
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