Julian Lewis & Sara Carley Acquire Edgewater Condo For $910K
650 Northeast 32nd Street, Miami, Florida 33137, United States
$910,000
$357/SF
Building Size
2,546 SF
Asset Type
—
Closing
Apr 7, 2022
AI
The condo at 650 NE 32nd St in Edgewater, Miami has been sold for $910,000. The property spans 1,151 square feet, resulting in a price per square foot of $791. The transaction took place on April 8, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $910,000
- Square Footage: 1,151 SF
- Price per Square Foot: $791
- Address: 650 NE 32nd St, Edgewater, Miami
- Market: Edgewater, Miami
The buyer, Julian Lewis and Sara Carley, purchased the property from the seller, Frederico Gaiotti. The deal was facilitated by broker Alona Yona from Beachfront Realty.
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
17.43%
Cash-on-Cash
-4.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93