Chariff Realty Group Brokers Sell Vacant Land In Miami For $1.25M
5100 Northwest 7th Avenue & 5126 Northwest 7th Avenue
$1,250,000
Building Size
—
Asset Type
Land
Closing
Feb 6, 2024
AI
Vacant land at 5100-5126 Northwest 7th Avenue in Miami was recently sold for $1.25 million. The transaction was facilitated by brokers Daniil Morgalin, Lyle Chariff, Mauricio Zapata, and William Ltaif of Chariff Realty Group.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $1,250,000
- Address: 5100-5126 Northwest 7th Avenue, Miami
- Market: Miami
The sale of this vacant land in Miami was completed through the efforts of Daniil Morgalin, Lyle Chariff, Mauricio Zapata, and William Ltaif, who are all representatives of Chariff Realty Group.
Players
Miami Land Market Snapshot
Boundary boundary · Land · Sale transactions
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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