SOLDRetail
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
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.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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