Updated Jan 3, 2025
Alexis Cedeño Purchases Single Family Home From Angel And Maria Suares For $3.1 Million
8855 Southwest 111th Terrace
$3,100,000
$71/SF
Building Size
43,212 SF
Asset Type
MultiFamily
Closing
Jun 25, 2024
About this deal
AI
This sale involved a single-family asset located at 8855 Southwest 111th Terrace in the Miami market. The transaction was completed at a sale price of $3,100,000, with a total square footage of 43,212, resulting in a price per square foot of $71.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,100,000
- Buyer: Alexis Cedeño
- Seller: Angel Suares & Maria Suares
- Broker: Gleyder Gonzalez - Miami Premier Realty
Gleyder Gonzalez represented the seller, Angel Suares & Maria Suares, in this transaction, facilitating the sale of the property to buyer Alexis Cedeño.
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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93