Gillian Breakspeare Acquires Retail Property In Miami For $3.28M
177 SW 7th St, Miami, Florida 33130, United States
$3,280,000
$54,666/SF
Building Size
60 SF
Asset Type
Retail
Closing
Jan 8, 2023
About this deal
AI
The retail property located at 177 W 7th St in Miami, FL was recently sold for a price of $3,280,000. The property spans a total area of 60,548 square feet, resulting in a price per square foot of $54.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,280,000
- Address: 177 W 7th St, Miami, FL
- Market: Miami, FL
- Buyer: Gillian Breakspeare
- Seller: Mario Graziano
- BSF: 60,548
- PPBSF: $54
Gillian Breakspeare was the buyer in this sale, while Mario Graziano acted as the seller's representative. The transaction was successfully completed on 01/09/2023.
Players
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
4.84%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93