Barrett Gimpson Acquires Condo At 801 S Miami Ave In Miami For $1.9M
SOLD
$1,900,000
Florida
See Similar Deals4,986 SF
Sold 12/15/2021
SOLD
Barrett Gimpson Acquires Condo At 801 S Miami Ave In Miami For $1.9M
801 South Miami Avenue & 801 South Miami Avenue, Miami, Florida 33130, United States
See Similar Deals4,986 SF
Sold 12/15/2021
Summary
FLORIDA
Price Per Square Foot:$381
Total Square Footage:4,986 SF
Transaction Type:Sale
The recently closed property transaction involved a condominium located at 801 S Miami Ave, Miami. The condo, with a total area of 2,493 square feet, was sold on December 16, 2021, for a price of $1,900,000, resulting in a price per square foot of $762.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,900,000
- Address: 801 S Miami Ave, Miami
- Square Footage: 2,493
- Seller: Jaime Sanchez
- Buyer: Barrett Gimpson
- Seller's Representative: Karen Elmir - Elmir Group - One Sotheby's International Realty
Karen Elmir from Elmir Group - One Sotheby's International Realty represented the seller, Jaime Sanchez, in this transaction. The buyer, Barrett Gimpson, successfully acquired the property, securing a valuable asset in the bustling Miami area.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
Is there something missing? Send suggestions