Updated Aug 18, 2026
Laura Gonzalez Purchases Multifamily Asset In Miami Beach From Jeffrey Kelter For $1.42M
865 W 39th St
$1,420,000
$241/SF
Building Size
5,892 SF
Asset Type
MultiFamily
Closing
Feb 28, 2014
About this deal
AI
The property involved in this transaction is a multifamily asset located at 865 W 39th St, Miami Beach. It has a total square footage of 5,892 and was sold for a transaction amount of $1,420,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,420,000.00
- Address: 865 W 39th St
- Market: Miami Beach
- Square Footage: 5,892
- Buyer: Laura Gonzalez
- Seller: Jeffrey Kelter
- Broker Representatives: Arthur Porosoff, Joseph Thomas (Marcus & Millichap)
In this transaction, Laura Gonzalez acted as the buyer while Jeffrey Kelter served as the seller. The deal was facilitated by brokers Arthur Porosoff and Joseph Thomas from Marcus & Millichap, representing their respective parties within this real estate deal.
Players
Miami Beach 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
11.17%
Cash-on-Cash
-3.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93