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
- Property Type: Mixed-use
- Transaction Amount: $2,675,000
- Address: 8025 Biscayne Boulevard, Miami
- Market: Miami
- Buyer: Harold Golen
- Seller's Representative: Kristopher Rodriguez - Fordome Investment Group
- Square Footage: 6,000
- Price per Square Foot: $446
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
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