Epic Capital Realty Facilitates $5.1M Sale Of Retail Property In North Miami
12830 Northeast 6th Avenue, North Miami, Florida 33161, United States
$5,100,000
$64/SF
Building Size
78,946 SF
Asset Type
Retail
Closing
May 1, 2022
About this deal
AI
The retail property located at 12830 NE 6th Ave in North Miami has been sold for a total price of $5,100,000. The property spans across 78,946 square feet, leading to a price per square foot of $65. The transaction took place on 05/02/2022.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,100,000
- Address: 12830 NE 6th Ave, North Miami
- Market: North Miami
The seller of the property is Raphael Simon, represented by Carolina Matamoros from Epic Capital Realty.
The retail sale at 12830 Northeast 6th Avenue, North Miami, Florida 33161, United States in North Miami, Florida sold for $5.1M in 2022. The building is 78,946 square feet, implying about 64 per square foot on the published price. Named participants on the 12830 Northeast 6th Avenue, North Miami, Florida 33161, United States sale are Carolina Matamoros. This page is the North Miami, Florida file for the 12830 Northeast 6th Avenue, North Miami, Florida 33161, United States retail sold: pricing, party profiles, and other closed retail comps from the same North Miami sit in the Market section below. Filter that North Miami retail set by closing date to see what else sold near 12830 Northeast 6th Avenue, North Miami, Florida 33161, United States around 2022. Published consideration for 12830 Northeast 6th Avenue, North Miami, Florida 33161, United States is $5.1M, dated 2022. Cite this Epic Capital Realty Facilitates $5.1M Sale Of Retail Property In North Miami sale when underwriting similar retail product around North Miami, Florida.
Players
North Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93