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3437 North Moorings Way, Mi...

Jennifer Goldstein & Pietro Belmonte Acquire Miami Multifamily For $3.35M
SOLDMultiFamily

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

Jennifer Goldstein

Douglas Elliman

Broker

$161.2M

vol

33 deals

Broker

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