Asaf Cymbal & Hector Torres Acquire Athletic Facilities In Miami Gardens, FL For $15.5M
20775 Northwest 17th Avenue, Miami Gardens, Florida 33056, United States
$15,515,500
$3,103/SF
Building Size
5,000 SF
Asset Type
Other
Closing
Apr 17, 2023
AI
The athletic facilities located at 20775 NW 17th Ave in Miami Gardens, FL have been sold in a transaction that closed on June 14, 2022. The property spans 5,000 square feet and was sold for a price of $15,515,500, resulting in a price per square foot of $3,103. The buyer of the property is Asaf Cymbal & Hector Torres, while the seller is Britton Winterer.
Summary of transation details
- Property Type: Athletic Facilities
- Transaction Amount: $15,515,500
- Address: 20775 NW 17th Ave, Miami Gardens, FL
- Square Footage: 5,000
- Price per Square Foot: $3,103
- Buyer: Asaf Cymbal & Hector Torres
- Seller: Britton Winterer
Asaf Cymbal & Hector Torres are the buyers of the property, while Britton Winterer is the seller. They were represented by their respective brokers in this transaction.
Miami Gardens 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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93