Amanda Harris Acquires Condo In Miami For $720,000
501 Northeast 31st Street, Miami, FL 33137
$720,000
$664/SF
Building Size
1,084 SF
Asset Type
—
Closing
Jan 12, 2022
About this deal
AI
Located at 501 NE 31st St UNIT 3708 in Miami, this condo property was recently sold. The transaction took place on 01/12/2022.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $720,000
- Square Footage: 1,084 sqft
- Price per Square Foot: $664
- Market: Miami
The buyer of this condo unit is Amanda Harris, while the seller is Juan Manuel Cadena. Representing the buyer, Mariam Yusuf from Barnes International Realty facilitated the transaction.
The commercial sale at 501 Northeast 31st Street, Miami, FL 33137 in Miami, Florida sold for $720K in 2022. The building is 1,084 square feet, implying about 664 per square foot on the published price. Named participants on the 501 Northeast 31st Street, Miami, FL 33137 sale are Mariam Yusuf. This page is the Miami, Florida file for the 501 Northeast 31st Street, Miami, FL 33137 commercial sold: pricing, party profiles, and other closed commercial comps from the same Miami sit in the Market section below. Filter that Miami commercial set by closing date to see what else sold near 501 Northeast 31st Street, Miami, FL 33137 around 2022. Published consideration for 501 Northeast 31st Street, Miami, FL 33137 is $720K, dated 2022. Cite this Amanda Harris Acquires Condo In Miami For $720,000 sale when underwriting similar commercial product around Miami, Florida.
Players
Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $664 per square foot on a published $720K for 1,084 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
22.03%
Cash-on-Cash
-6.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93