Compass Florida LLC Facilitates $2.35M Sale Of Key Biscayne Development Site
SOLD
$2,350,000
Florida
See Similar DealsDevelopment Site8,600 SF
Sold 05/19/2022
SOLD
Compass Florida LLC Facilitates $2.35M Sale Of Key Biscayne Development Site
797 Woodcrest Road, Key Biscayne, Florida 33149, United States
See Similar DealsDevelopment Site8,600 SF
Sold 05/19/2022
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$273
Total Square Footage:8,600 SF
Transaction Type:Sale
A development site located at 797 Woodcrest Rd in Key Biscayne has been sold for a total of $2,350,000. The property spans 8,600 square feet, resulting in a price per square foot of $273. The sale took place on May 19, 2022, and the transaction was facilitated by Alan Chocron from Compass Florida LLC.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,350,000
- Market: Key Biscayne
- Address: 797 Woodcrest Rd
Carlos Moni and Flor Moni are the sellers of this development site. Representing the sellers in this deal was Alan Chocron from Compass Florida LLC.
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)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
Is there something missing? Send suggestions