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7761 Northwest 7th Street, ...

Updated Dec 21, 2023

Bilt advertisement
Andrew Carton Acquires Other Vacant Property In Miami, FL For $3,175,000
SOLD

Andrew Carton Acquires Other Vacant Property In Miami, FL For $3,175,000

7761 Northwest 7th Street, Miami, Florida 33126, United States

$3,175,000

Building Size

Asset Type

Closing

Jan 13, 2022

About this deal

AI

The other vacant property located at 7761 NW 7th Ave in Miami, FL has been sold on January 14, 2022. The property was purchased by Andrew Carton for a total price of $3,175,000. The seller of the property was Jose A. Sbarra.

Summary of transaction details

  • Property Type: Other Vacant
  • Transaction Amount: $3,175,000
  • Address: 7761 NW 7th Ave, Miami, FL
  • Market: Miami, FL

This transaction was facilitated by Jose A. Sbarra's representative.

The commercial sale at 7761 Northwest 7th Street, Miami, Florida 33126, United States in Miami, Florida sold for $3.2M in 2022. Named participants on the 7761 Northwest 7th Street, Miami, Florida 33126, United States sale are Jose A. Sbarra, Andrew Carton. This page is the Miami, Florida file for the 7761 Northwest 7th Street, Miami, Florida 33126, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Miami sit in the Market section below. Filter that Miami commercial set by closing date to see what else sold near 7761 Northwest 7th Street, Miami, Florida 33126, United States around 2022. Published consideration for 7761 Northwest 7th Street, Miami, Florida 33126, United States is $3.2M, dated 2022. Cite this Andrew Carton Acquires Other Vacant Property In Miami, FL For $3,175,000 sale when underwriting similar commercial product around Miami, Florida.

Players

Andrew Carton

Buyer

$20.9M

vol

4 deals

Buyer

Jose A. Sbarra

Seller

$6.4M

vol

2 deals

Seller

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

5.00%

Cash-on-Cash

-1.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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