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625 Almeria Avenue, Miami, ...

Updated Nov 19, 2023

Armando J Bucelo Jr & Beatriz Bucelo Acquire Miami Townhouse For $3.05M
SOLDMultiFamily

Armando J Bucelo Jr & Beatriz Bucelo Acquire Miami Townhouse For $3.05M

625 Almeria Avenue, Miami, Florida 33134, United States

$3,050,000

$435,714/SF

Building Size

7 SF

Asset Type

MultiFamily

Closing

Feb 12, 2022

About this deal

AI

The townhouse located at 625 Almeria Ave in Miami, FL has been sold in a recent transaction. The property spans across 7,266 square feet and was sold for a price of $3,050,000, resulting in a price per square foot of $419. The transaction took place on December 2, 2022.

Summary of transaction details

  • Property Type: Townhouse
  • Transaction Amount: $3,050,000
  • Address: 625 Almeria Ave, Miami, FL
  • Market: Miami, FL
  • Buyer: Armando J Bucelo Jr & Beatriz Bucelo
  • Seller: Vanessa Linares Romasanta
  • Square Footage: 7,266
  • Price Per Square Foot: $419

The buyers in this transaction are Armando J Bucelo Jr and Beatriz Bucelo. On the other hand, the seller of the townhouse is Vanessa Linares Romasanta. This sale represents a significant deal in the Miami, FL market.

Players

Coral Gables MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $435.7K per square foot on a published $3.1M for 7 square feet (2022).

Browse Coral Gables multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.20%

Cash-on-Cash

-1.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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