Julio A. Fojon Acquires Retail Property In Miami, FL For $3.95M
1274 West Flagler Street, Miami, Florida 33135, United States
$3,950,000
$274/SF
Building Size
14,395 SF
Asset Type
Retail
Closing
Jan 12, 2022
About this deal
AI
The retail property located at 1274 W Flagler St in Miami, FL has been sold for a price of $3,950,000. The property spans a total area of 14,395 square feet, resulting in a price per square foot of $274.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,950,000
The buyer of the property is Julio A. Fojon, and the seller is Claudia Rasso.
The retail sale at 1274 West Flagler Street, Miami, Florida 33135, United States in Miami, Florida sold for $4M in 2022. The building is 14,395 square feet, implying about 274 per square foot on the published price. Named participants on the 1274 West Flagler Street, Miami, Florida 33135, United States sale are Julio Fojon. This page is the Miami, Florida file for the 1274 West Flagler Street, Miami, Florida 33135, United States retail sold: pricing, party profiles, and other closed retail comps from the same Miami sit in the Market section below. Filter that Miami retail set by closing date to see what else sold near 1274 West Flagler Street, Miami, Florida 33135, United States around 2022. Published consideration for 1274 West Flagler Street, Miami, Florida 33135, United States is $4M, dated 2022. Cite this Julio A. Fojon Acquires Retail Property In Miami, FL For $3.95M sale when underwriting similar retail product around Miami, Florida.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Julio Fojon to view all their deals.
Browse Florida retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93