Anna Sherrill Acquires Mixed-Use Property In Miami For $18M
1000 Biscayne Boulevard
$18,000,000
$3,913/SF
Building Size
4,600 SF
Asset Type
Condo
Closing
May 6, 2021
AI
A mixed-use property located at 1000 Biscayne Blvd in Miami has been sold for a sale price of $18,000,000. The property spans 10,306 square feet, resulting in a price per square foot of $1,747. The transaction took place on 05/07/2021 and was represented by broker Anna Sherrill.
Summary of transaction details
- Property Type: Mixed Use
- Transaction Amount: $18,000,000
- Address: 1000 Biscayne Blvd, Miami
- Square Footage: 10,306
- Price per Square Foot: $1,747
- Broker: Anna Sherrill
The sale of this mixed-use property on 1000 Biscayne Blvd marks a significant transaction in Miami's real estate market. The property offers a combination of residential, commercial, and retail spaces, providing versatility and potential for various uses. With a sale price of $18,000,000, it demonstrates the strong demand and value associated with mixed-use properties in the area.
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Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93