Jorge E. Sosa Acquires Package Deal In Redlands, Miami For $2.35M
15680 Southwest 232nd Street, Miami, Florida 33170, United States
$2,350,000
$309/SF
Building Size
7,601 SF
Asset Type
—
Closing
Dec 17, 2021
About this deal
AI
Located in Redlands, Miami, this package deal at 15680 SW 232 St has recently been sold for a price of $2,350,000. The property spans a total of 7,601 square feet, resulting in a price per square foot of $309. The sale was completed on 12/17/2021.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $2,350,000
- Square Footage: 7,601
- Price per Square Foot: $309
- Address: 15680 SW 232 St
- Market: Redlands, Miami
Jorge E. Sosa is the buyer of this property, while Pura Maria DeCastro acted as the seller. The deal was facilitated by the following brokers: Karl Hueck from Compass FL, and Vanessa Suarez and Pablo Gomez from Lifestyle International Realty.
Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93