Jorge E. Sosa Acquires Package Deal In Redlands, Miami For $2.35M
SOLD
$2,350,000
Florida
See Similar Deals7,601 SF
Sold 12/17/2021
SOLD
Jorge E. Sosa Acquires Package Deal In Redlands, Miami For $2.35M
15680 Southwest 232nd Street, Miami, Florida 33170, United States
See Similar Deals7,601 SF
Sold 12/17/2021
Summary
FLORIDA
Price Per Square Foot:$309
Total Square Footage:7,601 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
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