Gladys Acosta Purchases 22 Unit Multifamily Property In Miami From Rudy Corujo For $6.6M
5185 West Flagler Street
$6,600,000
$260/SF
Building Size
25,344 SF
Asset Type
MultiFamily
Closing
Sep 15, 2025
AI
The asset involved in this transaction is a multifamily property located at 5185 West Flagler Street in Miami. The property has a total of 22 units, encompassing a square footage of 25,344. The sale price of the property was $6,600,000, resulting in a price per unit of $300,000 and a price per square foot of $260.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,600,000
- Units: 22
- Square Footage: 25,344
- Price per Unit: $300,000
- Price per Square Foot: $260
- Buyer: Gladys Acosta
- Seller: Rudy Corujo
- Buyer's Representative: Yoana Toth - Toth Real Estate Group Inc.
- Seller's Representative: Deme Mekras - MSP Group
The transaction was facilitated by Yoana Toth representing the buyer, Gladys Acosta, and Deme Mekras representing the seller, Rudy Corujo. MSP Group noted that this deal marks their latest achievement in the multifamily market of South Florida, highlighting the collaboration with a repeat client in the industry.
Players
Coral Gables 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
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93