Dr. Alexandra Grob Purchases Office At 905 West Platt Street In Tampa For $1.65M
905 West Platt Street
$1,650,000
$799/SF
Building Size
2,063 SF
Asset Type
Office
Closing
Jan 3, 2025
About this deal
AI
The office property located at 905 West Platt Street in Tampa has been sold for $1,650,000. The asset encompasses a total area of 2,063 square feet, resulting in a price per square foot of $799.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,650,000
- Address: 905 West Platt Street
- Market: Tampa
- Square Footage: 2,063
- Price Per Square Foot: $799
- Buyer: Dr. Alexandra Grob
- Seller: Dr. Carol Bonilla
- Brokers: Homi Kamalimoghaddam - LPT Realty; Michael Braccia - Bay Street Commercial LLC
This transaction involved key individuals including the buyer, Dr. Alexandra Grob, who acquired the asset from seller Dr. Carol Bonilla. The brokerage representation included Homi Kamalimoghaddam from LPT Realty and Michael Braccia from Bay Street Commercial LLC, facilitating the deal between the parties involved.
On the Map
$1,650,000
$799/SF
Office
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Players
Tampa 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93