Enrique Acosta Purchases Office Space In Miami From Frank Diaz For $1,900,000
3126-3130 Sw 22 St
$1,900,000
$778/SF
Building Size
2,440 SF
Asset Type
Office
Closing
Apr 30, 2024
About this deal
AI
The property asset involved in this transaction is an office space located at 3126-3130 Sw 22 St in the Miami market. The total square footage of the office is 2,440, and it was sold for a transaction amount of $1,900,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,900,000.00
- Address: 3126-3130 Sw 22 St
- Market: Miami
- Square Footage: 2,440
- Buyer: Enrique Acosta
- Seller: Frank Diaz
- Brokers: Arthur Porosoff, Javier Ubeda
This transaction was facilitated by brokers Arthur Porosoff and Javier Ubeda, who represented the buyer, Enrique Acosta, and the seller, Frank Diaz, in the closing of the deal.
On the Map
$1,900,000
$778/SF
Office
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Players
Miami 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93