Jose Vitto & Andreina C Vitto Acquire Other Condos In Miami, FL For $3.7M
SOLD
$3,700,000
Florida
See Similar Deals3,339 SF
Sold 04/05/2022
SOLD
Jose Vitto & Andreina C Vitto Acquire Other Condos In Miami, FL For $3.7M
8585 Southwest 72nd Street, Miami, Florida 33143, United States
See Similar Deals3,339 SF
Sold 04/05/2022
Summary
FLORIDA
Price Per Square Foot:$1,108
Total Square Footage:3,339 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$197,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,145.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,539.89
Annual Debt Service$210,478.65
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