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8025 Biscayne Boulevard

Harold Golen Acquires Mixed-Use Property On Biscayne Boulevard For $2.68M
SOLDMixed-use

Harold Golen Acquires Mixed-Use Property On Biscayne Boulevard For $2.68M

8025 Biscayne Boulevard

$2,675,000

$445/SF

Building Size

6,000 SF

Asset Type

Mixed-use

Closing

Jan 19, 2024

AI

Harold Golen has recently purchased a mixed-use property located at 8025 Biscayne Boulevard in Miami. The transaction took place on January 19, 2024, and was facilitated by Kristopher Rodriguez from Fordome Investment Group. The property spans across 6,000 square feet and was sold for a total price of $2,675,000, resulting in a price per square foot of $446.

Summary of transaction details

Harold Golen, as the buyer, successfully acquired the mixed-use property located on Biscayne Boulevard. Kristopher Rodriguez, from Fordome Investment Group, represented the seller in this transaction. The deal showcases the active participation and expertise of these individuals in the real estate market of Miami.

Players

Kristopher C Rodriguez

Fordome Investment Group

Broker

$25.5M

vol

10 deals

Broker

Harold Golen

Buyer

$5.7M

vol

2 deals

Buyer

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

5.93%

Cash-on-Cash

-1.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93