Robert Danial Acquires Vacant Commercial Property In Miami, FL From Nickelli Lovaski Pierre For $2,135,872
7012 Northeast 2nd Avenue, Miami, Florida 33137, United States
$2,135,872
Building Size
—
Asset Type
Commercial
Closing
Oct 11, 2022
AI
The vacant commercial property located at 7012 NE 2nd Ave in Miami, FL has been sold in a recent transaction. The sale took place on 10th December 2022. The buyer, Robert Danial, purchased the property from the seller, Nickelli Lovaski Pierre for a total price of $2,135,872.
Summary of transaction details:
- Property Type: Vacant Commercial
- Transaction Amount: $2,135,872
- Address: 7012 NE 2nd Ave, Miami, FL
This transaction involved Robert Danial as the buyer and Nickelli Lovaski Pierre as the seller. The deal was successfully closed, and both parties were represented by their respective brokers.
Players
Miami Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.43%
Cash-on-Cash
-2.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93