facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

Nw 17 Ave

Yariel Herrera Purchases Multifamily Property From Richard Quezada In Miami For $850,000
SOLDMultiFamily

Yariel Herrera Purchases Multifamily Property From Richard Quezada In Miami For $850,000

Nw 17 Ave

$850,000

$335/SF

Building Size

2,534 SF

Asset Type

MultiFamily

Closing

Mar 7, 2025

AI

The property asset involved in the transaction is a multifamily unit located at 329 Northwest 17th Avenue in Miami. The sale price for this asset was $850,000, featuring a total of 4 units. The total square footage of the property is 2,534, translating to a price per unit of $212,500 and a price per square foot of $335.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $850,000
  • Buyer: Yariel Herrera
  • Seller: Richard Quezada
  • Broker: Ambarina Pernia - Real Estate Sales Force (RESF)
  • Units: 4
  • Square Footage: 2,534
  • Price Per Unit: $212,500
  • Price Per Square Foot: $335

Ambarina Pernia is noted for her expertise in multifamily real estate transactions and holds a Master’s degree in International Real Estate. She plays a crucial role in representing buyers like Yariel Herrera in acquiring properties and is known for helping clients expand their investment portfolios.

Players

Ambarina Pernia CCIM-MSIRE

CCIM

Broker

$5.6M

vol

4 deals

Broker

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

18.66%

Cash-on-Cash

-5.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93