Updated Sep 9, 2024
Mina Taskiran Sells Development Site In North Bay Village For $3.3M
7544 West Treasure Drive, North Bay Village, Florida 33141, United States
$3,300,000
$471/SF
Building Size
7,000 SF
Asset Type
Development Site
Closing
Jun 20, 2022
About this deal
AI
A development site located at 7544 W Treasure Dr in North Bay Village has been sold for $3,300,000. The property spans 7,000 square feet and has a price per square foot of $471. The building's total square footage is 8,400 with a price per buildable square foot of $393.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $3,300,000
- Address: 7544 W Treasure Dr
- Market: North Bay Village
The seller of the development site was Max Ducharme. Representing the seller in the deal was Mina Taskiran from Corcoran.
On the Map
$3,300,000
$471/SF
Development Site
View full map
Players
North Bay Village Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Mina Taskiran 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93