Alejandro Perez Acquires Multifamily Property On Crespi Boulevard In Miami Beach For $4.85M
8216 Crespi Boulevard
$4,850,000
$293/SF
Building Size
16,528 SF
Asset Type
MultiFamily
Closing
Jan 22, 2026
AI
The asset involved in this transaction is a multifamily property located at 8216 Crespi Boulevard in Miami Beach. The transaction was finalized for a price of $4,850,000, comprising 16 units. The total square footage of the property is 16,528, resulting in a price per unit of $303,125 and a price per square foot of $293.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,850,000
- Units: 16
- Square Feet: 16,528
- Price Per Unit: $303,125
- Price Per Square Foot: $293
- Buyer: Alejandro Perez
- Seller: Roger Samuel
- Buyer's Representative: Ingrid Andres - Exclusively Yours Realty
- Seller's Representatives: Vicente Rodriguez & Christopher Canizares - Fausto Commercial Realty Consultants
This transaction was represented by Ingrid Andres from Exclusively Yours Realty for the buyer Alejandro Perez. The seller, Roger Samuel, was represented by a team from Fausto Commercial Realty Consultants, consisting of Vicente Rodriguez and Christopher Canizares. Their involvement showcased the collaborative efforts in finalizing this multifamily real estate deal.
Players
Miami Beach 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
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93