Ponce Realty Holdings LLC Acquires Miami Medical Facility For $9.5M
335 SW 12th Ave, Miami, FL, USA
$9,500,000
$167/SF
Building Size
56,606 SF
Asset Type
Other
Closing
Sep 8, 2021
About this deal
AI
A medical facility located at 335 SW 12th Ave in Miami has been sold in a recent transaction. The property spans approximately 56,606 square feet and was sold for a total price of $9,500,000, resulting in a price per square foot of $168.
Summary of transaction details
- Property Type: Medical Facility
- Transaction Amount: $9,500,000
- Square Footage: 56,606
- Address: 335 SW 12th Ave, Miami
Ponce Realty Holdings LLC acted as the buyer in this transaction, while Elaine Bloom served as the seller.
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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93