Jorge L. Estrada Acquires Mixed Use Property In Homestead For $1.69M
20970 SW 264th St Homestead, FL 33031, USA
$1,690,000
$315/SF
Building Size
5,350 SF
Asset Type
Mixed-use
Closing
Aug 9, 2023
About this deal
AI
The mixed-use property located at 20970 Southwest 264th Street in Homestead has been sold for a price of $1,690,000. The property spans 5,350 square feet and has a price per square foot of $316. The transaction took place on 08/09/2023.
Summary of transation details
- Property Type: Mixed Use
- Transaction Amount: $1,690,000
- Square Footage: 5,350
- Price Per Square Foot: $316
- Address: 20970 Southwest 264th Street, Homestead
Jorge L. Estrada has purchased the property from Jorge Birrel. The deal was facilitated by Trent Alvarado of Keller Williams Elite Realty, who served as the broker in the transaction.
Homestead Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.39%
Cash-on-Cash
-2.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93