BZG International Acquires Mixed-Use Property In Miami For $5.2M
223 Northwest 36th Street
$5,225,000
$344/SF
Building Size
15,151 SF
Asset Type
Mixed-use
Closing
Jan 12, 2024
AI
An investment property located at 223 Northwest 36th Street in Miami has been sold in a mixed-use transaction. The property is comprised of approximately 15,151 square feet and was sold for a total price of $5,225,000, resulting in a price per square foot of $345.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $5,225,000
- Address: 223 Northwest 36th Street
- Market: Miami
The deal was facilitated by brokers Brandon Brugal, Uccio Zecchini, and Alejandro Ruiz from BZG International. They represented the parties involved in the transaction and played a significant role in executing the deal successfully.
Players
Miami 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
3.04%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93