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
$1,670,000
$314/SF
Building Size
5,304 SF
Asset Type
—
Closing
Feb 27, 2022
About this deal
AI
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.
On the Map
$1,670,000
$314/SF
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.50%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93