Updated Dec 21, 2023
Pedro Camejo Sells Multifamily Property In Little Havana, Miami For $7.75M
829 SW 18th Ave, Little Havana, Miami, FL, USA
$7,750,000
$712/SF
Building Size
10,871 SF
Asset Type
MultiFamily
Closing
Jun 16, 2020
About this deal
AI
A multifamily property located at 829 SW 18 Ave in Little Havana, Miami, was recently sold in a closed transaction. The sale took place on June 16, 2021. The property, with a total area of 21,742 square feet, was listed for sale at an asking price of $8,500,000. The final sale price was negotiated at $7,750,000. The price per square foot for this transaction was $356.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,750,000
- Address: 829 SW 18 Ave, Little Havana, Miami
- Market: Little Havana, Miami
Pedro Camejo was the seller in this transaction, and the broker representing him was Rafael Fermoselle from the agency Rafael Fermoselle.
On the Map
$7,750,000
$712/SF
MultiFamily
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Miami 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
2.05%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93