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
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.
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