Jacobo Azout & Harry Jamri Alfassi Acquire Land On 1800 W 27th St In Miami Beach For $3.275M
SOLD
$3,275,000
Florida
See Similar Deals12,000 SF
Sold 10/14/2021
SOLD
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
See Similar Deals12,000 SF
Sold 10/14/2021
Summary
FLORIDA
Price Per Square Foot:$272
Total Square Footage:12,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$174,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,635.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,525.17
Annual Debt Service$186,302.05
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