Updated Sep 9, 2024
Elad Barokas Of Keller Williams Realty Sells Miami Industrial Property For $1.35M
18320 NE 1st Ct, Miami, FL, USA
$1,350,000
$159/SF
Building Size
8,462 SF
Asset Type
Industrial
Closing
Sep 15, 2021
About this deal
AI
Located at 18320 NE 1st Ct in Miami, this industrial property has been sold in a recent transaction. The property spans a total of 8,462 square feet and was sold for a price of $1,350,000, resulting in a price per square foot of $160.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $1,350,000
- Square Footage: 8,462
- Price Per Square Foot: $160
- Address: 18320 NE 1st Ct, Miami
Elad Barokas from Keller Williams Realty represented the parties involved in this transaction.
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93