Eduardo Gil Acquires South Miami Office Unit For $2M
6141 Southwest 72nd Street, South Miami, Florida 33143, United States
$2,000,000
$505/SF
Building Size
3,959 SF
Asset Type
Office
Closing
Feb 17, 2022
About this deal
AI
Located in South Miami, the office property at 6141 Sunset Drive Unit 102 recently changed hands in a sale transaction. The property, with a size of 3,959 square feet, was sold for a price of $2,000,000, resulting in a price per square foot of $505. The sale took place on February 18, 2022, and the transaction was facilitated by broker Raul Pino from The Hype Real Estate Group.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,000,000
- Property Size: 3,959 square feet
- Address: 6141 Sunset Drive Unit 102
- Market: South Miami
Eduardo Gil acted as the buyer in this transaction, while Marco Amendola was the seller. Raul Pino, representing The Hype Real Estate Group, assisted the buyer in acquiring the property. It is worth noting that the buyer initially worked with another commercial broker before seeking the expertise of Raul Pino and completing the purchase within a week. The Hype Real Estate Group prides itself on helping clients find their ideal locations and investments. If you're looking for your next spot, they would be delighted to assist you.
South 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93