761-771 NW 1st St In Miami Sells For $4.1M To 761 NW 1ST LLC - Tecela Represented By Andrew Frey & Brokered By JLL Capital Markets' Victor Garcia, Ted Taylor, Max La Cava, And Luca Victoria
SOLD
$4,100,000
+ 1
Florida
See Similar DealsMultiFamily14,212 SF
Sold 08/23/2020
SOLD
761-771 NW 1st St In Miami Sells For $4.1M To 761 NW 1ST LLC - Tecela Represented By Andrew Frey & Brokered By JLL Capital Markets' Victor Garcia, Ted Taylor, Max La Cava, And Luca Victoria
761 Northwest 1st Street, Miami, FL, USA
See Similar DealsMultiFamily14,212 SF
Sold 08/23/2020
+ 1
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$288
Total Square Footage:14,212 SF
Transaction Type:Sale
A multifamily property located at 761-771 NW 1st St in Miami has been sold. The transaction took place on August 23, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,100,000
- Units: 16
- Price Per Unit (PPU): $256,250
The buyer of the property is 761 NW 1ST LLC, while Tecela - Andrew Frey was the seller. The deal was facilitated by Victor Garcia, Ted Taylor, Max La Cava & Luca Victoria from JLL Capital Markets.
No additional details regarding the property or the transaction were provided.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$218,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10
Is there something missing? Send suggestions