facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Sale

/

11575 NW 7 Ave, Miami, Flor...

Julie's Realty, LLC Acquires Miami Office Building For $3.1M
SOLDOffice

Julie's Realty, LLC Acquires Miami Office Building For $3.1M

11575 NW 7 Ave, Miami, Florida 33168, United States

$3,100,000

$170/SF

Building Size

18,217 SF

Asset Type

Office

Closing

Oct 28, 2021

AI

An office property located at 11575 NW 7 Avenue in Miami has been sold. The transaction took place on October 28, 2021. The property, measuring 18,217 square feet, was sold for a price of $3,100,000, which yields a price per square foot of $170. The asking price for the property was $3,600,000.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,100,000
  • Address: 11575 NW 7 Avenue, Miami
  • Market: Miami

The sale of the property was facilitated by Yuliya "Julie" Sidorevskaya and Andres Marino of Julie’s Realty, LLC, who represented the parties involved in the transaction.

Players

Yuliya Sidorevskaya

Julie's Realty

Broker

$12.5M

vol

3 deals

Broker

Miami Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

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