Ubiica & Maven Real Estate Acquire Coral Gables Office For $4.1M
152 Almeria Avenue, Coral Gables, FL 33134, USA
$4,100,000
$517/SF
Building Size
7,928 SF
Asset Type
Office
Closing
Apr 27, 2021
About this deal
AI
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,100,000
- Date: 04/28/2021
- Address: 152 Almeria Avenue, Coral Gables
- Market: Coral Gables
Ubiica and Maven Real Estate have acquired an office property located at 152 Almeria Avenue in Coral Gables. The transaction took place on 04/28/2021 for a total amount of $4,100,000.
Ubiica, represented by Alejandro Salazar and Rodrigo Gana, along with Maven Real Estate, represented by Jose Ortega and Marc Schwarzberg, served as the buyers in this deal.
The office sale at 152 Almeria Avenue, Coral Gables, FL 33134, USA in Coral Gables, Florida sold for $4.1M in 2021. The building is 7,928 square feet, implying about 517 per square foot on the published price. This page is the Coral Gables, Florida file for the 152 Almeria Avenue, Coral Gables, FL 33134, USA office sold: pricing, party profiles, and other closed office comps from the same Coral Gables sit in the Market section below. Filter that Coral Gables office set by closing date to see what else sold near 152 Almeria Avenue, Coral Gables, FL 33134, USA around 2021. Published consideration for 152 Almeria Avenue, Coral Gables, FL 33134, USA is $4.1M, dated 2021. Cite this Ubiica & Maven Real Estate Acquire Coral Gables Office For $4.1M sale when underwriting similar office product around Coral Gables, Florida.
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Coral Gables Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93