Updated Aug 18, 2026
MultiFamily Property Sells For $1,950,000 In Miami With Representatives Arthur Porosoff And Javier Ubeda
856 Sw 6 St
$1,950,000
$328/SF
Building Size
5,939 SF
Asset Type
MultiFamily
Closing
Dec 11, 2024
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 856 Sw 6 St in Miami. The transaction was completed at a price of $1,950,000.00, and the property has a total square footage of 5,939.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,950,000.00
- Address: 856 Sw 6 St
- Market: Miami
- Square Footage: 5,939
The transaction involved brokers Arthur Porosoff and Javier Ubeda, who represented the parties in the deal, ensuring a smooth process throughout the transaction.
Players
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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93