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
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