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OTM-CRE Brokers $1.9M Retail & Office Sale On Biscayne Blvd. In North Miami

Property Image
SOLD
$1,900,000

Florida

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Mixed-use75,000 SF
Sold
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Property Image
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 Deals
Mixed-use75,000 SF
Sold
Contact now

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.

Players

2 deals$1.9M volume
BROKER

Details

SOLD
IMAGE: 10/30/2020 ADDRESS: 11730 Biscayne Blvd. MARKET: North Miami ASSET TYPE: Retail & Office BROKER: Jonathan Molano – OTM-CRE PRICE: $1,900,000 SF: 7,500 ~ PPSF: $253 NOTE: For more information on similar on & off market properties in

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Deal Type
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