Updated Dec 21, 2023
Jorge L. Diaz Acquires Multifamily Property In Miami Beach For $2.2M
8010 Crespi Boulevard, Miami Beach, Florida 33141, United States
$2,200,000
$573/SF
Building Size
3,834 SF
Asset Type
MultiFamily
Closing
May 2, 2022
About this deal
AI
The multifamily property located at 8010 Crespi Blvd in Miami Beach, FL has been sold for a price of $2,200,000. The property spans a total area of 3,834 square feet, resulting in a price per square foot of $573.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Square Footage: 3,834
- Price per Square Foot: $573
- Market: Miami Beach, FL
The buyer in this transaction is Jorge L. Diaz, while the seller is Carl Pineau.
The multifamily sale at 8010 Crespi Boulevard, Miami Beach, Florida 33141, United States in Miami Beach, Florida sold for $2.2M in 2022. The building is 3,834 square feet, implying about 573 per square foot on the published price. This page is the Miami Beach, Florida file for the 8010 Crespi Boulevard, Miami Beach, Florida 33141, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach multifamily set by closing date to see what else sold near 8010 Crespi Boulevard, Miami Beach, Florida 33141, United States around 2022. Published consideration for 8010 Crespi Boulevard, Miami Beach, Florida 33141, United States is $2.2M, dated 2022. Cite this Jorge L. Diaz Acquires Multifamily Property In Miami Beach For $2.2M sale when underwriting similar multifamily product around Miami Beach, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93