David Kowalski Acquires Land In Miami From Victoria Fernandes For $1,250,000
1631 Nw S River Dr
$1,250,000
Lot Size
16,402 SF
Asset Type
Land
Closing
May 5, 2021
About this deal
AI
The transaction involved land located at 1631 Nw S River Dr in the Miami market, with a transaction amount of $1,250,000.00.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $1,250,000.00
- Buyer: David Kowalski
- Seller: Victoria Fernandes
- Brokers: Arthur Porosoff, Fernando Bourrian
- Sale Date: 05/05/2021
This transaction was facilitated by brokers Arthur Porosoff and Fernando Bourrian, representing the interests of the buyer and seller, respectively.
The land sale at 1631 Nw S River Dr in Miami, Florida sold for $1.3M in 2021. 1631 Nw S River Dr is classified as Land on Traded. Named participants on the 1631 Nw S River Dr sale are Arthur Porosoff, Fernando Bourrian, David Kowalski, Victoria Fernandes. This page is the Miami, Florida file for the 1631 Nw S River Dr land sold: pricing, party profiles, and other closed land comps from the same Miami sit in the Market section below. Filter that Miami land set by closing date to see what else sold near 1631 Nw S River Dr around 2021. Published consideration for 1631 Nw S River Dr is $1.3M, dated 2021. Cite this David Kowalski Acquires Land In Miami From Victoria Fernandes For $1,250,000 sale when underwriting similar land product around Miami, Florida.
Players
Miami Land Market Snapshot
Boundary boundary · Land · Sale transactions
Loading comparables…
Deal FAQ
Browse Miami land sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93