Gerhard Erasmus Leases Condo In Miami To Laura Win Through Reps Laurent Bourgade & Ali Boussoffara
650 Northeast 32nd Street
$10
$10/SF
Building Size
2,848 SF
Asset Type
Condo
Closing
Oct 16, 2023
AI
The property involved in this lease transaction is a condominium located at 650 Northeast 32nd Street in Miami. The condo spans a total area of 2,848 square feet.
Summary of transaction details
- Property Type: Condo
- Transaction Date: 10/16/2023
- Address: 650 Northeast 32nd Street, Miami
- Asking Rent: $30,000/Month
- Square Footage: 2,848
Buccara Miami Paraiso, represented by Gerhard Erasmus, is the landlord in this lease agreement. On the other hand, Laura Win is the tenant in this transaction. Laurent Bourgade from Sterling Equity Realty serves as the landlord's representative, while Ali Boussoffara from London Foster Realty represents the tenant.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1586300.00%
Cash-on-Cash
-453369.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93