Updated Oct 28, 2024
Jean Charles Carre Acquires Multifamily Property In Miami For $4.19M
5251 Southwest 64th Avenue, Miami, Florida 33155, United States
$4,190,000
$627/SF
Building Size
6,674 SF
Asset Type
MultiFamily
Closing
Jun 13, 2022
About this deal
AI
The multifamily property located at 5251 SW 64th Ave in Miami, FL has been sold. The transaction took place on June 14, 2022. The property spans 6,674 square feet and was sold for a price of $4,190,000, resulting in a price per square foot of $627.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $4,190,000
- Address: 5251 SW 64th Ave, Miami, FL
- Market: Miami, FL
The buyer of the property is Jean Charles Carre, while the sellers are Barbara Swan and Diamond Barry B.
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
3.79%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93