Anthony & Lindi Harris Acquire 4-Unit Multifamily In Miami For $1.35M
3411 NW Flagler Terrace
Building Size
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Asset Type
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Closing
Sep 15, 2022
AI
A multifamily property located at 3411 NW Flagler Terrace in Miami has been sold in a recent transaction. The property consists of 4 units with a total square footage of 4,860. The sale price for the property was $1,350,000, resulting in a price per unit of $337,500, and a price per square foot of $278.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Units: 4
- Price per Unit: $337,500
- Square Footage: 4,860
- Price per Square Foot: $278
The buyer in this transaction is Anthony & Lindi Harris, while Carlos Escotet served as the seller. The brokers involved in the deal were Pablo Gomez, CDRE, and Paola Mejia from Lifestyle International Realty, as well as Brett Eaglstein from Carroll Group - Compass.
Please note that no additional information was provided regarding the market or any additional details about the individuals involved in the transaction.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93