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11990 Southwest 94th Avenue...

Subodh Gupta & Mamta Gupta Acquire SFR In Miami For $2.9M
SOLDOther

Subodh Gupta & Mamta Gupta Acquire SFR In Miami For $2.9M

11990 Southwest 94th Avenue, Miami, Florida 33176, United States

$2,915,000

$495/SF

Building Size

5,882 SF

Asset Type

Other

Closing

Mar 15, 2022

AI

A single-family home located at 11990 SW 94th Ave in Miami has been sold for $2,915,000. The property spans across 5,882 square feet and has a price per square foot of $496. The transaction took place on March 16, 2022.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,915,000

The buyer of the property is Subodh Gupta and Mamta Gupta. They were represented by Sergio Martins from Premier Luxe Group. On the other hand, Miguel Rodriguez and Christopher Nin from Lifestyle International Realty acted as the seller's representatives in the deal.

With the sale successfully closed, this transaction highlights the involvement of key individuals and companies in the real estate market in Miami.

Players

Miguel Rodriguez

Lifestyle International Realty

Broker

$20.2M

vol

7 deals

Broker

Kendall Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.44%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93