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
Coral Gables 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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93