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
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