Maria Buitrago Acquires Little River Multifamily From Kristopher Rodriguez In $900K Deal
268 Northeast 80th Terrace, Little River, Miami, FL, USA
$900,000
$386/SF
Building Size
2,326 SF
Asset Type
MultiFamily
Closing
Oct 18, 2021
AI
The multifamily property located at 268 NE 80th Terrace, Little River, Miami, was recently sold in a closed transaction. The property consists of a duplex with a total of 2 units. The sale price for this transaction was $900,000, with each unit priced at $450,000. The total square footage of the property is 2,326, resulting in a price per square foot of $387.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $900,000
- Address: 268 NE 80th Terrace, Little River, Miami
- Market: Little River, Miami
- Buyer: Maria Buitrago
- Seller: Kristopher Rodriguez
The buyer of the property is Maria Buitrago, while the seller is Kristopher Rodriguez. It is worth noting that the duplex was previously purchased in June 2013 for $115,000 and was sold in October 2021 for $900,000.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93