Detre Val Acquires Development Site In Miami From Karim Alnoor For $810,000
SOLD
$810,000
Florida
See Similar DealsDevelopment Site28,960 SF
Sold
SOLD
Detre Val Acquires Development Site In Miami From Karim Alnoor For $810,000
8267 North Miami Avenue & 8267 North Miami Avenue
See Similar DealsDevelopment Site28,960 SF
Sold
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$28
Total Square Footage:28960 SF
Transaction Type:Sale
The Development Site located at 8260 Northeast Miami Court & 8267 North Miami Avenue in Miami was successfully sold for $810,000. The property spans 14,480 square feet, resulting in a price per square foot of $56.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $810,000
- Address: 8260 Northeast Miami Court & 8267 North Miami Avenue
- Market: Miami
- Buyer: Detre Val
- Seller: Karim Alnoor
- Brokers: Shlomo Poston & Yaacov Poston - The Real Estate Lab
The Real Estate Lab, represented by Shlomo Poston and Yaacov Poston, facilitated the transaction for the sale of the Development Site in Miami. The deal involved notable parties, including the buyer Detre Val and the seller Karim Alnoor.
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!
Similar News
No recent news available for this market
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 Listings
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)
$43,200.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,877.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,839.81
Annual Debt Service$46,077.76
Is there something missing? Send suggestions