Ana Perdomo Sells Miami Beach Package Deal To Tim Hill For $1.67M With InterConnect Realty's Michael Maakar
SOLD
$1,670,000
Florida
See Similar Deals5,304 SF
Sold 02/28/2022
SOLD
Ana Perdomo Sells Miami Beach Package Deal To Tim Hill For $1.67M With InterConnect Realty's Michael Maakar
8125 Crespi Boulevard, Miami Beach, Florida 33141, United States
See Similar Deals5,304 SF
Sold 02/28/2022
Summary
FLORIDA
Price Per Square Foot:$314
Total Square Footage:5,304 SF
Transaction Type:Sale
The property involved in this closed transaction is a package deal located at 8125 Crespi Blvd in Miami Beach. The property consists of 5,304 square feet and was sold for a price of $1,670,000, resulting in a price per square foot of $315.
Summary of Transaction Details
- Property Type: Package Deal
- Transaction Amount: $1,670,000
- Buyer: Tim Hill
- Seller: Ana Perdomo
- Broker: Michael Maakar - InterConnect Realty
The buyer in this transaction is Tim Hill, while the seller is Ana Perdomo. The broker representing both parties in this deal is Michael Maakar from InterConnect Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$89,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,933.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,916.65
Annual Debt Service$94,999.82
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