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
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.
Players
South Miami CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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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