Armando Bravo's Bravo And Partners Acquires Three Lakes MultiFamily For $4.12M
SW 136th St & SW 132nd Ave Three Lakes, FL 33186, USA
$4,120,149
$25/SF
Building Size
159,895 SF
Asset Type
MultiFamily
Closing
Jun 27, 2023
AI
A multifamily property located at Sw 136 St /Sw 132 Avenue in the Three Lakes market has been sold for a price of $4,120,149. The property spans a total area of 159,895 square feet, resulting in a price per square foot of $26.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $4,120,149
- Address: Sw 136 St /Sw 132 Avenue
- Market: Three Lakes
The transaction saw Armando Bravo from Bravo and Partners acquiring the property from Maria Fernanda Nazareth Menin Teixeirade Souza Maia. Representing the buyer was Lazaro Vilarchao from Realty Quest Group.
Players
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
3.85%
Cash-on-Cash
-1.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93