Chen Yuni Purchases Office Property In Coral Gables From Anais Badia For $3.35M
2344 Southwest 37th Avenue
$3,350,000
$846/SF
Building Size
3,958 SF
Asset Type
Office
Closing
Jul 24, 2024
About this deal
AI
This office property, located at 2344 Southwest 37th Avenue in the Coral Gables market, has a sale price of $3,350,000 and covers an area of 3,958 square feet, giving a price per square foot of $846.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,350,000
- Buyer: Chen Yuni
- Seller: Anais Badia
- Broker: Andres Perez-Cervera - Compass
Andres Perez-Cervera represented both the buyer and seller in this off-market transaction. He invites inquiries regarding current off-market inventory for potential buyers.
The office sale at 2344 Southwest 37th Avenue in Miami, Florida sold for $3.4M in 2024. The building is 3,958 square feet, implying about 846 per square foot on the published price. Andres (Andy) Perez-Cervera, Compass appear on the sale alongside Compass. This page is the Miami, Florida file for the 2344 Southwest 37th Avenue office sold: pricing, party profiles, and other closed office comps from the same Miami sit in the Market section below. Filter that Miami office set by closing date to see what else sold near 2344 Southwest 37th Avenue around 2024. Published consideration for 2344 Southwest 37th Avenue is $3.4M, dated 2024. Cite this Chen Yuni Purchases Office Property In Coral Gables From Anais Badia For $3.35M sale when underwriting similar office product around Miami, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93