Jose Vitto & Andreina C Vitto Acquire Other Condos In Miami, FL For $3.7M
8585 Southwest 72nd Street, Miami, Florida 33143, United States
$3,700,000
$1,108/SF
Building Size
3,339 SF
Asset Type
—
Closing
Apr 4, 2022
About this deal
AI
The property asset involved in this transaction is located at 8585 SW 72nd St, Miami, FL. It is classified as Other Condos and has a size of 3,339 square feet. The sale took place on April 5, 2022, and the transaction amount was $3,700,000. The price per square foot was $1,108.
Summary of transaction details
- Property Type: Other Condos
- Transaction Amount: $3,700,000
- Address: 8585 SW 72nd St, Miami, FL
- Square Footage: 3,339
- Buyer: Jose Vitto & Andreina C Vitto
- Seller: Enrique L. Gomez & Jose Garcia
The buyer in this transaction is represented by Jose Vitto & Andreina C Vitto, while the seller is represented by Enrique L. Gomez & Jose Garcia.
On the Map
$3,700,000
$1,108/SF
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93