Julio Robaina Acquires Office Building In Doral For $4.25M
2900 NW 109th Ave, Doral, Florida 33172, United States
$4,250,000
$274/SF
Building Size
15,500 SF
Asset Type
Office
Closing
May 16, 2022
About this deal
AI
An office property located at 2900 NW 109th Ave in Doral has been sold in a closed transaction. The property spans a total of 15,500 square feet and is situated in the Doral market in Miami, Florida. The sale took place on May 17, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,250,000
- Asking Price: $4,250,000
- Sale Price per Square Foot: $274
The buyer in this transaction is Julio Robaina, while the seller is Tailleen Arias. The deal was facilitated by two brokers, Frank Trelles from State Street Realty and Andres Asion from Miami Real Estate Group.
On the Map
$4,250,000
$274/SF
Office
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Players
Doral Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93