Yishai Sinai Of Biscayne Advisors Represents Buyer In $11M Miami Multifamily Sale
84 Southwest 28th Road
$11,000,000
$553/SF
Building Size
19,887 SF
Asset Type
MultiFamily
Closing
May 5, 2026
AI
The property asset involved in this transaction is a multifamily building located at 84 Southwest 28th Road in Miami. The sale price was $11,000,000, with 7 units and a total square footage of 19,887. The price per unit was $1,571,428, and the price per square foot amounted to $553.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $11,000,000
- Units: 7
- Square Footage: 19,887
- Price Per Unit: $1,571,428
- Price Per Square Foot: $553
- Seller: The Road Townhomes Inc
- Buyer's Representative: Yishai Sinai - Biscayne Advisors
- Seller's Representative: Judith Zeder - Coldwell Banker
The deal was represented by Yishai Sinai from Biscayne Advisors on behalf of the buyer, while the seller was represented by Judith Zeder from Coldwell Banker, ensuring structured negotiations and transactions for both parties.
Players
Miami 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93