OTM-CRE Brokers $1.9M Retail & Office Sale On Biscayne Blvd. In North Miami
SOLD
$1,900,000
Florida
See Similar DealsMixed-use75,000 SF
Sold
SOLD
OTM-CRE Brokers $1.9M Retail & Office Sale On Biscayne Blvd. In North Miami
11730 Biscayne Blvd, Miami, FL 33181, Estados Unidos
See Similar DealsMixed-use75,000 SF
Sold
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$25
Total Square Footage:75000 SF
Transaction Type:Sale
11730 Biscayne Blvd. in North Miami has been sold in a retail and office transaction. The deal was brokered by Jonathan Molano of OTM-CRE. The property was sold for $1,900,000 and has a total area of 7,500 square feet. The price per square foot is $253.
Summary of transaction details
- Property Type: Retail & Office
- Transaction Amount: $1,900,000
- Address: 11730 Biscayne Blvd.
- Market: North Miami
- Broker: Jonathan Molano - OTM-CRE
- SF: 7,500
- PPSF: $253
For more information on similar on & off market properties, please contact Jonathan Molano of OTM-CRE.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$101,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63
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