Bravo & Partners Realty Represents Buyer In $2.16M Miami Retail Sale
4467 Southwest 8th Street & 4475 Southwest 8th Street
$2,160,000
$255/SF
Building Size
4,236 SF
Asset Type
Retail
Closing
Dec 22, 2023
About this deal
AI
The retail property located at 4467 Southwest 8th Street and 4475 Southwest 8th Street in Miami has been sold for a price of $2,160,000. The property spans across 4,236 square feet, resulting in a price per square foot of $510.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,160,000
- Address: 4467 Southwest 8th Street & 4475 Southwest 8th Street, Miami
- Market: Miami
- Seller: Matvei Miranda
- Buyer's Representative: Alejandro (Alex) Diaz & Neyda Bravo - Bravo & Partners Realty
Alejandro (Alex) Diaz and Neyda Bravo from Bravo & Partners Realty represented the buyer in this transaction.
On the Map
$2,160,000
$255/SF
Retail
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Players
Coral Gables 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
7.34%
Cash-on-Cash
-2.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93