Aventura Harbor Property Acquires Development Site In Aventura For $7.5M
SOLD
$7,500,000
Florida
See Similar DealsDevelopment Site22,239 SF
Sold 08/20/2023
SOLD
Aventura Harbor Property Acquires Development Site In Aventura For $7.5M
20605 Northeast 34th Avenue
See Similar DealsDevelopment Site22,239 SF
Sold 08/20/2023
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$337
Total Square Footage:22,239 SF
Transaction Type:Sale
The development site located at 20605 Northeast 34th Avenue in Aventura has been sold for a price of $7,500,000. The property spans an area of 22,239 square feet, resulting in a price per square foot of $337.
Summary of Transaction Details
- Property Type: Development Site
- Transaction Amount: $7,500,000
- Address: 20605 Northeast 34th Avenue
- Market: Aventura
The buyer of the property is Aventura Harbor Property, while the seller is Salo Wagenberg. Acting as the broker in this transaction is Viviane Wolak, representing One Sotheby's International Realty.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$400,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,645.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,553.83
Annual Debt Service$426,645.92
Is there something missing? Send suggestions