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9301 Northeast 6th Avenue, ...

Updated Dec 22, 2023

Sue Redfern & Carlton Washington Acquire Miami Office Building For $3.5M
SOLDOffice

Sue Redfern & Carlton Washington Acquire Miami Office Building For $3.5M

9301 Northeast 6th Avenue, Miami Shores, Florida 33161, United States

$3,477,500

$340/SF

Building Size

10,210 SF

Asset Type

Office

Closing

Jun 7, 2022

About this deal

AI

The office building located at 9301 NE 6th Ave in Miami, FL has been sold for a price of $3,477,500. The property spans across 10,210 square feet, resulting in a price per square foot of $340. The transaction took place on June 8, 2022.

Summary of transaction details

  • Property Type: Office Building
  • Transaction Amount: $3,477,500
  • Address: 9301 NE 6th Ave, Miami, FL
  • Market: Miami, FL
  • Buyer: Sue Redfern & Carlton Washington
  • Seller: Christopher Ruso
  • Square Footage: 10,210
  • Price per Square Foot: $340

Sue Redfern & Carlton Washington acted as the buyers in this transaction, while Christopher Ruso served as the seller.

Players

Miami Shores Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $340 per square foot on a published $3.5M for 10,210 square feet (2022).

Browse Florida office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.56%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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