Jacobo Azout & Harry Jamri Alfassi Acquire Land On 1800 W 27th St In Miami Beach For $3.275M
1800 W 27th St, Miami Beach, FL, USA
$3,275,000
$272/SF
Building Size
12,000 SF
Asset Type
—
Closing
Oct 13, 2021
AI
The sale of the land located at 1800 W 27th St in Miami Beach has been completed. The transaction took place on October 14, 2021, with a sale price of $3,275,000. The property is a vacant land asset.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $3,275,000
- Address: 1800 W 27th St
- Market: Miami Beach
The buyers of the land are Jacobo Azout and Harry Jamri Alfassi. The seller of the property is Robert A. Campbell. No additional details about the transaction are available.
Players
Miami Beach 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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93