Miguel Bubis & Gabriel B. Lanes Acquire Land In Miami Gardens For $3.25M
19184 NW 27th Ave, Miami Gardens, FL, USA
$3,250,000
$92/SF
Building Size
35,000 SF
Asset Type
—
Closing
Jun 20, 2021
About this deal
AI
The property involved in this transaction is a land located at 19184 NW 27th Ave in Miami Gardens. The sale took place on June 21, 2021. The buyer of the land is Miguel Bubis and Gabriel B. Lanes, while the seller is Ruben Kaufman. The sale price for the land was $3,250,000.
Summary of transation details
- Property Type: Land
- Transaction Amount: $3,250,000
Miguel Bubis and Gabriel B. Lanes were the buyers of the land, represented by their broker, Ruben Kaufman.
Players
Miami Gardens 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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93