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848 Northwest 10th Street

Jorge Ruiz Acquires Multifamily Property From Evelyn Hsu In Florida City For $1.355M
SOLDMultiFamily

Jorge Ruiz Acquires Multifamily Property From Evelyn Hsu In Florida City For $1.355M

848 Northwest 10th Street

$1,355,000

$370/SF

Building Size

3,660 SF

Asset Type

MultiFamily

Closing

Dec 9, 2025

AI

The multifamily asset located at 848 Northwest 10th Street in Florida City has been sold for a price of $1,355,000. This property comprises 6 units, presenting a purchase price per unit of $225,833. The total square footage of the asset is 3,660, resulting in a price per square foot of $370.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,355,000
  • Buyer: Jorge Ruiz
  • Seller: Evelyn Hsu
  • Broker: Sam Mekras - MSP Group
  • Units: 6
  • Price Per Unit: $225,833
  • Square Footage: 3,660
  • Price Per Square Foot: $370

Sam Mekras represented the MSP Group in this transaction, having exclusively listed the property. The MSP Group is actively involved in the South Florida market, offering services for those looking to buy, sell, or finance multifamily properties.

Players

Sam Mekras

MSP Group

Broker

$101.8M

vol

33 deals

Broker
MSP Group
MSP GroupBrokerage

Evelyn Hsu

Seller

$8.6M

vol

6 deals

Seller

Florida City 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

11.71%

Cash-on-Cash

-3.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93