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Pamela Suarez Acquires Development Site In Miami For $4.95M

Property Image
SOLD
$4,950,000

Florida

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Development Site14,040 SF
Sold 02/03/2023
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Property Image
SOLD

Pamela Suarez Acquires Development Site In Miami For $4.95M

2200 Sw 3 Ave

See Similar Deals
Development Site14,040 SF
Sold 02/03/2023
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$352
Total Square Footage:14,040 SF
Transaction Type:Sale

A development site located at 2200 SW 3rd Ave in Miami has been sold for $4,950,000. The property spans 14,040 square feet, resulting in a price per square foot of $353.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $4,950,000
  • Address: 2200 SW 3rd Ave, Miami
  • Square Footage: 14,040
  • Price per Square Foot: $353

The buyer in this transaction is Pamela Suarez, while A. Ascaso is the seller. The deal was facilitated by Sam Gaita from The Corcoran Group and Dina Goldentayer.

Players

Dina Goldentayer
91 deals$1.6B volume(786) 277-7539
BROKER

Sam Gaita
The Corcoran Group
5 deals$31.1M volume
BROKER

Details

SOLD
IMAGE: Sam Gaita DATE: 02/03/2023 ADDRESS: 2200 SW 3rd Ave MARKET: Miami ASSET TYPE: Development Site BUYER: Pamela Suarez SELLER: A. Ascaso BROKER: Sam Gaita (@SamGaitaRealEstate) - The Corcoran Group (@TheCorcoranGroup) (@CorcoranMiami) & Dina Goldentayer SALE PRICE: $4,950,000 SF: 14,040 ~ PPSF: $353

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,586.30
Cash-on-Cash Return-1.27%
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