Tiger Team At Avanti Way Realty Sells Miami Condo For $1.4M
3131 Northeast 7th Avenue, Miami, FL 33137, USA
$1,425,000
$872/SF
Building Size
1,634 SF
Asset Type
—
Closing
Sep 10, 2021
AI
Ashley Gonzalez and Nick "Tiger" Quay recently closed a sale transaction in Miami. The property, located at 3131 NE 7th Ave Unit 3306, is a condo with a total area of 1,634 square feet. The transaction took place on 09/10/2021, and the sale price for the condo was $1,425,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,425,000
- Address: 3131 NE 7th Ave Unit 3306
- Market: Miami
The deal was facilitated by the Tiger Team at Avanti Way Realty, with Nick "Tiger" Quay and Ashley Gonzalez representing the buyers or sellers in the transaction.
With a price per square foot of $872, this condo offers a desirable living space in the Miami market. The Tiger Team at Avanti Way Realty played a crucial role in ensuring the successful completion of the sale.
Players
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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93