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15680 Southwest 232nd Stree...

Jorge E. Sosa Acquires Package Deal In Redlands, Miami For $2.35M
SOLD

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

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

Karl Hueck

Broker

$22.7M

vol

8 deals

Broker

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