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300 Biscayne Boulevard

Eva Garzon & Jessica Juliao Of The Grand Lion RE Group & Cervera RE Facilitate $7.95M Package Deal Sale In Miami
SOLDPackage Deal

Eva Garzon & Jessica Juliao Of The Grand Lion RE Group & Cervera RE Facilitate $7.95M Package Deal Sale In Miami

300 Biscayne Boulevard

$7,950,000

$2,016/SF

Building Size

3,943 SF

Asset Type

Package Deal

Closing

Dec 28, 2022

AI

300 Biscayne Boulevard, located in Miami, has been sold in a package deal. The property consists of a total of 3,943 square feet, with a sale price of $7,950,000. The asking price for this transaction was $8,000,000, resulting in a price per square foot of $2,016.

Summary of transation details

  • Property Type: Package Deal
  • Transaction Amount: $7,950,000
  • Address: 300 Biscayne Boulevard, Miami
  • Square Footage: 3,943 SF
  • Asking Price: $8,000,000
  • Price per Square Foot: $2,016

The deal was facilitated by Eva Garzon from The Grand Lion Real Estate Group and Jessica Juliao from Cervera Real Estate. They represented the respective parties involved in the transaction.

Players

Eva Garzon

Broker

$313M

vol

27 deals

Broker

Miami Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.00%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93