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5801 Bird Rd, Miami, FL 33155

Luxe Properties LLC Acquires Mixed-Use Property In Miami For $3.3M
SOLDMixed-use

Luxe Properties LLC Acquires Mixed-Use Property In Miami For $3.3M

5801 Bird Rd, Miami, FL 33155

$3,300,000

$844/SF

Building Size

3,908 SF

Asset Type

Mixed-use

Closing

Mar 10, 2022

AI

The mixed-use property located at 5801 Bird Rd in Miami has been sold for a total price of $3,300,000. The property spans 3,908 square feet, resulting in a price per square foot of $844. The transaction took place on 03/11/2022.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,300,000
  • Address: 5801 Bird Rd, Miami
  • Market: Miami
  • Size: 3,908 square feet
  • Price per Square Foot: $844

The seller of the property was Niurka P. Reynolds. The buyer was represented by Shanut Anaut and Kristy Martinez from Luxe Properties LLC.

Players

Shanut Anaut

Luxe Properties

Broker

$5.6M

vol

2 deals

Broker

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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93