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5695 SW 8th St, Miami, FL, ...

Bruna Real Estate LLC Acquires Property From The Astor Companies For $16.5 Million In Coral Gables
SOLD

Bruna Real Estate LLC Acquires Property From The Astor Companies For $16.5 Million In Coral Gables

5695 SW 8th St, Miami, FL, 33134

$16,500,000

$1,052/SF

Building Size

15,683 SF

Asset Type

Closing

Nov 20, 2023

AI

The property asset involved in this transaction is located at 5695 SW 8th St, Miami, FL, 33134, in the Coral Gables market. The transaction was executed for a price of $16,500,000.00, covering a total square footage of 15,683.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $16,500,000.00
  • Address: 5695 SW 8th St, Miami, FL, 33134
  • Market: Coral Gables
  • Buyer: Bruna Real Estate LLC
  • Seller: The Astor Companies
  • Buyer's Representative: John Naranjo - Acqua International Realty
  • Seller's Representative: Eric Gaunt - JLL
  • Square Footage: 15,683

The key individuals and companies behind the deal include the buyer, Bruna Real Estate LLC, and the seller, The Astor Companies. The transaction was facilitated by John Naranjo from Acqua International Realty, representing the buyer, and Eric Gaunt from JLL, representing the seller.

Players

Eric Gaunt

JLL

Broker

$16.5M

vol

1 deal

Broker
RL
Real Estate LlcBuyer
TC
The Astor CompaniesSeller

Coral Gables CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.96%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93