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
About this deal
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.
On the Map
$910,000
$357/SF
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Players
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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