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
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