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7315 Harding Avenue, Miami ...

Perla Lluy Acquires Multifamily Property In Miami Beach For $4.2M
SOLDMultiFamily

Perla Lluy Acquires Multifamily Property In Miami Beach For $4.2M

7315 Harding Avenue, Miami Beach, Florida 33141, United States

$4,225,000

$412/SF

Building Size

10,234 SF

Asset Type

MultiFamily

Closing

Aug 3, 2022

AI

The multifamily property located at 7315 Harding Ave in Miami Beach, FL has been sold for a total price of $4,225,000. The property spans 10,234 square feet, resulting in a price per square foot of $412.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,225,000
  • Address: 7315 Harding Ave, Miami Beach, FL
  • Market: Miami Beach, FL

The buyer of the property is Perla Lluy, while the sellers are Marisa A. Galbut and Matis Cohen.

Players

Perla Lluy

Buyer

$7.1M

vol

2 deals

Buyer

Matis Cohen

Seller

$13.4M

vol

4 deals

Seller

Miami Beach 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

3.75%

Cash-on-Cash

-1.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93