Paul Chavez Acquires Mixed-Use Building In Miami For $1.16M
SOLD
$1,160,000
Florida
See Similar DealsMixed-use6,630 SF
Sold 02/02/2023
SOLD
Paul Chavez Acquires Mixed-Use Building In Miami For $1.16M
98 Ne 79 St
See Similar DealsMixed-use6,630 SF
Sold 02/02/2023
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$175
Total Square Footage:6,630 SF
Transaction Type:Sale
The mixed-use property located at 98 NE 79 St in Miami has been sold in a recent transaction. The property spans a total of 3,272 square feet and was sold for a price of $1,160,000, resulting in a price per building square foot of approximately $175.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $1,160,000
- Building Square Footage: 3,272
- Price per Building Square Foot: $175
- Address: 98 NE 79 St, Miami
Paul Chavez has purchased the property from Mike Vasquez. The seller was represented by Martin Bravo and Francisco Rodriguez from APEX Capital Realty.
Note: No additional information is available regarding the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,121.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,498.99
Annual Debt Service$65,987.90
Is there something missing? Send suggestions
