Updated Oct 29, 2024
Lissette Calderon Acquires Allapattah Development Site For $3.6M
1470 NW 36th St, Miami, FL 33142, USA
$3,600,000
$901/SF
Building Size
3,992 SF
Asset Type
Development Site
Closing
Jun 11, 2020
About this deal
AI
The development site located at 1470 NW 36th St in Allapattah has been sold for a price of $3,600,000. The buyer of the property is Lissette Calderon, who represents Neology Life Development Group. The site comes with approved plans in place to build 237 units.
Summary of transaction details
- Property Type: Development site
- Transaction Amount: $3,600,000
- Address: 1470 NW 36th St
- Market: Allapattah
Lissette Calderon, from Neology Life Development Group, played a key role as the buyer's representative in this deal.
On the Map
$3,600,000
$901/SF
Development Site
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Miami Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93