Fg 1520 Alton LLC Acquires Retail Property In Miami Beach For $4.05M
SOLD
$4,050,000
Florida
See Similar DealsRetail6,465 SF
Sold 09/22/2021
SOLD
Fg 1520 Alton LLC Acquires Retail Property In Miami Beach For $4.05M
1520 Alton Rd, Miami Beach, FL, USA
See Similar DealsRetail6,465 SF
Sold 09/22/2021
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$626
Total Square Footage:6,465 SF
Transaction Type:Sale
The retail property located at 1520 Alton Rd in Miami Beach has been sold in a recent transaction. The property spans 6,465 square feet and was acquired by Fg 1520 Alton LLC for a total sale price of $4,050,000. This equates to a price per square foot of $626.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,050,000
- Address: 1520 Alton Rd
- Market: Miami Beach
The buyer of the property is Fg 1520 Alton LLC, while the seller is Nelson Ferreira.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$216,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,388.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,199.07
Annual Debt Service$230,388.79
Is there something missing? Send suggestions