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1351 Southwest 16th Avenue

Fermin Alvarez & Andres Alvarez Sell Single Family Home In Miami For $3.5M With Matthew Dugow & Eli Faitelson As Buyer's Representatives
SOLDSingle Family Residence

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:

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

Eli Faitelson

Compass

Broker

$92.1M

vol

13 deals

Broker
Compass
CompassBrokerage

Fermin Alvarez

Seller

$4.5M

vol

2 deals

Seller

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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