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JC Ramey Of Ronin Holdings LLC Acquires Multifamily Property In Miami For $1.875M

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SOLD
$1,875,000

Florida

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MultiFamily6,614 SF
Sold 03/31/2026
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Property Image
SOLD

JC Ramey Of Ronin Holdings LLC Acquires Multifamily Property In Miami For $1.875M

893 Northeast 81st Street

See Similar Deals
MultiFamily6,614 SF
Sold 03/31/2026
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$283
Total Square Footage:6,614 SF
Transaction Type:Sale

This boutique multifamily property, located at 893 Northeast 81st Street in Miami, was sold for $1,875,000. The asset comprises a total area of 6,614 square feet, which translates to a price per square foot of $283. The property is situated in the Shorecrest neighborhood, a sought-after area in the Miami market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,875,000
  • Buyer: JC Ramey - Ronin Holdings LLC
  • Seller: Jason Vanterpool
  • Broker: Adriano Salucci - APEX Capital Realty
  • Sale Date: 03/31/2026
  • Insured by: Apex Capital Insurance

JC Ramey represented Ronin Holdings LLC in acquiring the property through a 1031 exchange investment, aiming to add it as a long-term income-producing asset. Adriano Salucci of APEX Capital Realty represented both the buyer and the seller, facilitating a five-month transaction process that highlights the firm's market expertise and strong client relationships.

Players

Adriano Salucci
APEX Capital Realty
Adriano Salucci
29 deals$121.6M volume(305) 340-3584
BROKER

Details

SOLD
IMAGE: Adriano Salucci DATE: 03/31/2026 ADDRESS: 893 Northeast 81st Street MARKET: Miami ASSET TYPE: Multifamily BUYER: JC Ramey - Ronin Holdings LLC SELLER: Jason Vanterpool BROKER: Adriano Salucci (@S_bolognese) - APEX Capital Realty (@APEXCapitalRealty) SALE PRICE: $1,875,000 SF: 6,614 ~ PPSF: $283 Apex Capital Realty is proud to announce the successful sale of this boutique multifamily property in the sought-after Shorecrest neighborhood of Miami — marking the second time our team has represented this asset in the past four years. Apex Capital Realty served as dual representative for both the seller and buyer in this transaction. The buyer acquired the property as a 1031 exchange investment, positioning it as a long-term income-producing asset in their portfolio. From listing to close, our team navigated a five-month process to bring this transaction to a successful conclusion — a testament to our market expertise, client relationships, and commitment to delivering results. This transaction was also insured by Apex Capital Insurance, where the team’s diligent work helped secure a lower premium for the property, adding additional value to the deal. For those interested in exploring insurance solutions for their assets, please reach out to Camila at [email protected] for more information.

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,661.47
Cash-on-Cash Return-1.27%
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