SOLDOther
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
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.
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