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Silvia C. Wong Acquires Little Havana Multifamily For $2.76M

Property Image
SOLD
$2,760,000
Altagracia Labrozzi
+ 3

Florida

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MultiFamily9,000 SF
Sold 04/24/2023
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Property Image
SOLD

Silvia C. Wong Acquires Little Havana Multifamily For $2.76M

850 Sw 14th Ave, Little Havana, FL 33125, USA

See Similar Deals
MultiFamily9,000 SF
Sold 04/24/2023
Altagracia Labrozzi
+ 3
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$306
Total Square Footage:9,000 SF
Transaction Type:Sale

The multi-family property located at 850 SW 14th Ave in Little Havana has been sold in a recent transaction. The property features 6 units with a total square footage of 9,000. The sale price for this transaction was $2,760,000, resulting in a price per unit of $460,000 and a price per square foot of $307.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $2,760,000
  • Units: 6
  • Price Per Unit: $460,000
  • Square Footage: 9,000
  • Price Per Square Foot: $307

The buyer of the property is Silvia C. Wong, and the sellers are Ricky Trinidad and Kelly Beam. Angel Liuvet from Miami Realty Law Group represented the buyer, while Frank Rodriguez Melo and Altagracia Labrozzi from Cedano Realty Advisors represented the sellers in this transaction.

Players

Frank Rodriguez Melo
7 deals$70.6M volume
BROKER

Altagracia Labrozzi
Cedano Realty Advisors
2 deals$5.5M volume
BROKER


3 deals$6.5M volume
BUYER

2 deals$5.5M volume
SELLER

2 deals$5.5M volume
SELLER

Details

SOLD
IMAGE: Frank Rodriguez Melo, Altagracia Labrozzi & Angel Liuvet DATE: 04/24/2023 ADDRESS: 850 Sw 14th Ave MARKET: Little Havana ASSET TYPE: MultiFamily BUYER: Silvia C. Wong SELLER: Ricky Trinidad & Kelly Beam BUYER'S REP: Angel Liuvet (@Miamirealtylawgroup) - Miami Realty Law Group SELLER'S REP: Frank Rodriguez Melo (@Cybmelo) & Altagracia Labrozzi (@AltaGraciaLabrozzi)- Cedano Realty Advisors (@Cedano_Realty_Advisors) SALE PRICE: $2,760,000 UNITS: 6 ~ PPU: $460,000 SF: 9,000 ~ PPSF: $307

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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