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1721 Southwest 11th Terrace

Jose Barajas Purchases Multifamily Asset From Joseph Della Rossa For $1.52M In Miami
SOLDMultiFamily

Jose Barajas Purchases Multifamily Asset From Joseph Della Rossa For $1.52M In Miami

1721 Southwest 11th Terrace

$1,520,000

$524/SF

Building Size

2,900 SF

Asset Type

MultiFamily

Closing

Mar 17, 2026

AI

The asset involved in this transaction is a multifamily property located at 1721 Southwest 11th Terrace in the Miami market. The sale price for the property was $1,520,000. The property comprises 3 units and has a total square footage of 2,900. The price per unit was $506,666, while the price per square foot was $524.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,520,000
  • Units: 3
  • Square Footage: 2,900
  • Price Per Unit: $506,666
  • Price Per Square Foot: $524
  • Buyer: Jose Barajas
  • Seller: Joseph Della Rossa
  • Seller's Representative: Karen Gomez & Bryan Ozuna - Real Estate Sales Force (RESF)

Jose Barajas represented the buyer in this transaction, while the seller was represented by Karen Gomez and Bryan Ozuna from Real Estate Sales Force (RESF). The details reflect the roles of the individuals involved in this multifamily property transaction, underscoring the relationships and representation in the real estate market.

Players

Karen Gomez

Real Estate Sales Force (RESF)

Broker

$11.4M

vol

6 deals

Broker

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

10.44%

Cash-on-Cash

-2.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93