Perla Lluy Acquires Multifamily Property In Miami Beach For $4.2M
SOLD
Florida
See Similar DealsMultiFamily10,234 SF
Sold 08/04/2022
SOLD
Perla Lluy Acquires Multifamily Property In Miami Beach For $4.2M
7315 Harding Avenue, Miami Beach, Florida 33141, United States
See Similar DealsMultiFamily10,234 SF
Sold 08/04/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$412
Total Square Footage:10,234 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$225,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,010.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,028.66
Annual Debt Service$240,343.87
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