Yariel Herrera Acquires Multifamily Asset From Victor Quezada In Miami For $925,000
Sw 3 St
$925,000
$358/SF
Building Size
2,583 SF
Asset Type
MultiFamily
Closing
Mar 21, 2025
AI
The asset involved in this transaction is a multifamily property located at 1800 Southwest 3rd Street Unit A, B, C & D in Miami. The sale price was $925,000, encompassing four units and a total square footage of 2,583. This results in a price per unit of $231,250 and a price per square foot of $358.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $925,000
- Units: 4
- Square Footage: 2,583
- Price Per Unit: $231,250
- Price Per Square Foot: $358
- Buyer: Yariel Herrera
- Seller: Victor Quezada
- Broker: Ambarina Pernia - Real Estate Sales Force (RESF)
Ambarina Pernia, the broker for this transaction, is recognized as a highly successful commercial real estate agent specializing in multifamily deals. She holds a Master’s degree in International Real Estate and is skilled in representing buyers in purchasing valuable properties. Her expertise also includes assisting clients in enhancing their investment portfolios with prime real estate opportunities.
Players
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
17.15%
Cash-on-Cash
-4.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93