Jennifer Goldstein & Pietro Belmonte Acquire Miami Multifamily For $3.35M
3437 North Moorings Way, Miami, FL, USA
$3,350,000
$782/SF
Building Size
4,279 SF
Asset Type
MultiFamily
Closing
Feb 25, 2021
AI
A multifamily property located at 3437 N Moorings Way in Miami has been sold. The transaction took place on February 26, 2021, with a sale price of $3,350,000. The property spans a total area of 4,279 square feet and has a price per square foot of $783.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,350,000
- Address: 3437 N Moorings Way, Miami
- Market: Miami
The buyer's representatives for this deal were Jennifer Goldstein and Pietro Belmonte, who can be reached at @JenniferGoldsteinfl and @PietroBelmonte, respectively. The seller's representative was Nancy Batchelor, who can be contacted at @NancyBatchelorTeam.
It is important to note that there is no additional information available regarding the property or the transaction.
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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93