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
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Asset Type
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Closing
Jan 13, 2022
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.
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