Clara Penate Acquires Mixed-Use Property In Miami Beach For $6M
995 N Miami Beach Blvd, North Miami Beach, FL 33162, USA
$6,000,000
$27/SF
Building Size
215,040 SF
Asset Type
Mixed-use
Closing
Jun 8, 2020
About this deal
AI
The mixed-use property located at 995 N Miami Beach Blvd in Miami Beach has been sold in a recent transaction. The property spans a total area of 21,504 square feet and was sold for a price of $6,000,000. This translates to a price per square foot of $279.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $6,000,000
- Address: 995 N Miami Beach Blvd
- Market: Miami Beach
Clara Penate, acting as the buyer, acquired the property from Gulay Yener, the seller, in this transaction.
Players
North Miami Beach Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93