WOW 32 Acquires Mixed-Use Property In Miami For $1.25M
3030 Northwest 7th Avenue, Miami, FL, USA
$1,250,000
$833/SF
Building Size
1,500 SF
Asset Type
Mixed-use
Closing
Apr 28, 2021
About this deal
AI
Located at 3030 NW 7th Ave in Miami, this mixed-use property was recently sold in a closed transaction. The deal was facilitated by Agustin Duarte of REMAX 360 who represented the buyer, WOW 32 - Fausto Callava, and the seller, Milenium Girls.
Summary of Transaction Details:
- Property Type: Mixed-use
- Address: 3030 NW 7th Ave, Miami
- Market: Miami
- Asking Price: $1,300,000
- Sale Price: $1,250,000
The transaction took place on 04/29/2021, with the property being sold for $1,250,000. Agustin Duarte of REMAX 360 represented WOW 32 - Fausto Callava as the buyer and Milenium Girls as the seller. This successful deal demonstrates the expertise of Agustin Duarte and highlights the satisfaction of both parties involved.
On the Map
$1,250,000
$833/SF
Mixed-use
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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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93