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77 Southeast 5th Street

Christian Rodriguez Purchases Multifamily Asset From Viceroy Residences For $2.7M With Buyer's Rep Eva Garzon
SOLDMultiFamily

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

Eva Garzon

Broker

$313M

vol

27 deals

Broker
The Grand Lion Real Estate Group
The Grand Lion Real Estate GroupBrokerage

Miami 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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93