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8216 Crespi Boulevard

Alejandro Perez Acquires Multifamily Property On Crespi Boulevard In Miami Beach For $4.85M
SOLDMultiFamily

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

Ingrid Andres

Exclusively Yours Realty

Broker

$25.7M

vol

8 deals

Broker
Fausto Commercial Realty Consultants
Fausto Commercial Realty ConsultantsBrokerage

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