Bravo & Partners Realty Sells West Miami Retail Property For $4.3M
SOLD
$4,300,000
Florida
See Similar DealsRetail4,643 SF
Sold 05/17/2023
SOLD
Bravo & Partners Realty Sells West Miami Retail Property For $4.3M
6091 SW 8th St West Miami, FL 33144, USA
See Similar DealsRetail4,643 SF
Sold 05/17/2023
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$926
Total Square Footage:4,643 SF
Transaction Type:Sale
A retail property located at 6091 SW 8 Street & 711 SW 61st Avenue in West Miami has been sold for a price of $4,300,000. The property spans approximately 4,643 square feet, resulting in a price per square foot of $926.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,300,000
- Square Footage: 4,643
- Price per Square Foot: $926
- Address: 6091 SW 8 Street & 711 SW 61st Avenue, West Miami
The seller's representative for this transaction is Neyda Bravo from Bravo & Partners Realty.
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
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)
$229,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33
Is there something missing? Send suggestions
