Updated Jan 29, 2026
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
About this deal
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.
On the Map
$4,850,000
$293/SF
MultiFamily
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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