Fermin Alvarez & Andres Alvarez Sell Single Family Home In Miami For $3.5M With Matthew Dugow & Eli Faitelson As Buyer's Representatives
1351 Southwest 16th Avenue
$3,500,000
$800/SF
Building Size
4,370 SF
Asset Type
Single Family Residence
Closing
Jan 29, 2026
AI
The property involved in the transaction is a single family asset located at 1351 Southwest 16th Avenue in the Miami market. It was sold for a price of $3,500,000. The total square footage of the asset is 4,370, resulting in a price per square foot of $800.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $3,500,000
- Address: 1351 Southwest 16th Avenue
- Market: Miami
- Square Footage: 4,370
- Price per Square Foot: $800
- Seller: Fermin Alvarez & Andres Alvarez
- Buyer’s Representative: Matthew Dugow & Eli Faitelson - Compass
Fermin Alvarez and Andres Alvarez are the sellers in this transaction. The buyer’s representatives, Matthew Dugow and Eli Faitelson, are associated with Compass, facilitating this property sale.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93