Humberto Verre Filho Purchases Miami Beach Multifamily For $1.6M From Luis Carrasquillo
8025 Crespi Boulevard
$1,600,000
$339/SF
Building Size
4,719 SF
Asset Type
MultiFamily
Closing
Apr 27, 2026
AI
The transaction involves a multifamily asset located at 8025 Crespi Boulevard in the Miami Beach market. The property encompasses 6 units with a sale price of $1,600,000, resulting in a price per unit of $266,666. The total square footage of the asset is 4,719, translating to a price per square foot of $339.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,600,000
- Address: 8025 Crespi Boulevard
- Market: Miami Beach
- Units: 6
- PPU: $266,666
- SF: 4,719
- PPSF: $339
- Buyer: Humberto Verre Filho
- Seller: Luis Carrasquillo
- Seller's Representative: Jamie Rose Maniscalco & Steffanie Jacobson - The Alpha Commercial
The key individuals in this transaction include Humberto Verre Filho as the buyer and Luis Carrasquillo as the seller. The deal was facilitated by the seller's representatives, Jamie Rose Maniscalco and Steffanie Jacobson, who are associated with The Alpha Commercial.
Players
Miami Beach 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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93