SOLD
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
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.
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
22.03%
Cash-on-Cash
-6.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93