Updated Oct 29, 2024
Babba Joshua Yesharim Acquires Development Site In Miami For $3M
700 Northwest North River Drive, Miami, FL, USA
$3,000,000
$660/SF
Building Size
4,543 SF
Asset Type
Development Site
Closing
Apr 19, 2021
About this deal
AI
A development site located at 678-700 NW North River Dr in Miami has been sold for $3,000,000. The transaction took place on April 20, 2021. The property is situated in the Miami market and offers potential for development.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $3,000,000
- Address: 678-700 NW North River Dr, Miami
- Market: Miami
The buyer of the property is Babba Joshua Yesharim, represented by Miami Riverbank LLC.
The seller of the development site is Michael & Mary Bowman.
Players
Miami Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Babba Joshua Yesharim to view all their deals.
Browse Florida development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93