Updated Feb 25, 2025
Roger Gimal Acquires Development Site In Miami Gardens For $1.45M
19251 Northwest 27th Court, Miami Gardens, FL 33056, USA
$1,450,000
$30/SF
Building Size
47,480 SF
Asset Type
Development Site
Closing
Nov 4, 2021
About this deal
AI
The property involved in the transaction is a Development Site located at 19251 NW 27th Avenue in Miami Gardens. The property spans an area of 1.09 acres. The sale price for this asset was $1,450,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,450,000
- Date: 11/04/2021
- Buyer: Roger Gimal
- Seller: Scott Whittaker - Latigo Group
- Brokers: Jamie Rose Maniscalco & Alyssa Armstrong - Apex Capital Realty
The deal's key individuals involved in this transaction were Jamie Rose Maniscalco and Alyssa Armstrong from Apex Capital Realty who served as the brokers representing the buyer and seller.
On the Map
$1,450,000
$30/SF
Development Site
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Players
Miami Gardens 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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93