Mina Taskiran Sells Development Site In North Bay Village For $3.3M
SOLD
$3,300,000
Florida
See Similar DealsDevelopment Site7,000 SF
Sold 06/21/2022
SOLD
Mina Taskiran Sells Development Site In North Bay Village For $3.3M
7544 West Treasure Drive, North Bay Village, Florida 33141, United States
See Similar DealsDevelopment Site7,000 SF
Sold 06/21/2022
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$471
Total Square Footage:7,000 SF
Transaction Type:Sale
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.
Players
BROKERAGE
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
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)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
Is there something missing? Send suggestions
