Daniel Nault & Vanessa Gomez Acquire Portfolio Sale In Edgewater For $4.2M
1717 N Bayshore Dr, Edgewater, Miami, FL, USA
$4,200,000
$328/SF
Building Size
12,788 SF
Asset Type
Other
Closing
Nov 30, 2021
About this deal
AI
An portfolio sale has been closed in Edgewater. The property, located at 1717 N Bayshore Dr, was sold for $4,200,000. It spans across 12,788 square feet, resulting in a price per square foot of $328.
Summary of transaction details
- Property Type: Portfolio
- Transaction Amount: $4,200,000
- Address: 1717 N Bayshore Dr
- Market: Edgewater
- Buyer & Seller's Representative: Daniel Nault & Vanessa Gomez - Edgewater One Real Estate
Daniel Nault and Vanessa Gomez from Edgewater One Real Estate represented both the buyer and the seller in this deal.
On the Map
$4,200,000
$328/SF
Other
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Players
Miami 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93