8800 Collins Owner LLC Acquires Land In Miami Beach For $7.3M
8809 Harding Ave, Surfside, FL, USA
$7,300,000
$2,402/SF
Building Size
3,038 SF
Asset Type
—
Closing
Aug 25, 2021
About this deal
AI
The property asset involved in the transaction is a land located at 8809 Harding Ave, Miami Beach. The sale took place on 08/26/2021, with a sale price of $7,300,000. The buyer is 8800 Collins Owner LLC, a Delaware Limited Liability Company, and the seller is Salvador Di Lodovico.
Summary of transation details
- Property Type: Land
- Transaction Amount: $7,300,000
- Address: 8809 Harding Ave, Miami Beach
The buyer, 8800 Collins Owner LLC, is a Delaware Limited Liability Company. The seller is Salvador Di Lodovico.
Players
Surfside 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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93