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3050 Biscayne Blvd #502 Mia...

Naftali Group Leases Office Space At 3050 Biscayne Blvd In Miami's Edgewater Neighborhood
LEASEDOffice

Naftali Group Leases Office Space At 3050 Biscayne Blvd In Miami's Edgewater Neighborhood

3050 Biscayne Blvd #502 Miami, FL 33137, USA

$45

$45/SF

Building Size

2,027 SF

Asset Type

Office

Closing

Jun 14, 2023

AI

The NAFTALI GROUP has leased approximately 2,027 square feet of office space at 3050 Biscayne Blvd - Suite 502 in Miami's Edgewater neighborhood. The asking rent for the space was $45 per square foot.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 3050 Biscayne Blvd - Suite 502, Miami
  • Market: Miami

The lease deal for the office space was facilitated by brokers Lyle Chariff, Mauricio Zapata, and Jenna Cohen of Chariff Realty Group.

Players

Mauricio Zapata

Chariff Realty Group

Broker

$61.5M

vol

34 deals

Broker
Naftali Group
Naftali GroupTenant

Miami Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

352511.11%

Cash-on-Cash

-100748.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93