Agentis Acquires Office Building In Coral Gables For $3.1M
45 Almeria Avenue, Coral Gables, FL 33134, USA
$3,100,000
$597/SF
Building Size
5,192 SF
Asset Type
Office
Closing
Oct 13, 2021
AI
A 5,192 square foot office property located at 45 Almeria Ave in Coral Gables has been sold for $3,100,000. The property was purchased by Agentis, represented by Jacqueline Calderin, and sold by Lynx Construction, represented by Wazim Shomar. The sale price equates to a price per square foot of $597.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,100,000
- Address: 45 Almeria Ave
- Market: Coral Gables
Miguelangel Salazar-Pesce and Azael Reyes of Strike Realty, LLC served as the buyer's representatives for Agentis in this transaction.
Players
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