Jason Rodriguez Purchases Retail Space At 8101 Biscayne Boulevard From David Emmanuel-Cohen For $1.47M
8101 Biscayne Boulevard
$1,471,900
$423/SF
Building Size
3,480 SF
Asset Type
Retail
Closing
Dec 27, 2024
AI
The property asset involved in the transaction is located at 8101 Biscayne Boulevard in the Miami market. This retail asset was sold for $1,471,900, encompassing a total area of 3,480 square feet, resulting in a price per square foot of $422.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,471,900
- Address: 8101 Biscayne Boulevard
- Market: Miami
- Square Footage: 3,480
- Price per Square Foot: $422
- Buyer: Jason Rodriguez
- Seller: David Emmanuel-Cohen
- Buyer's Representative: Alexandros Tsoulfas - STL Commercial
- Seller's Representatives: Martin Bravo & Miguel Pinto - APEX Capital Realty
The key individuals involved in this transaction include the buyer, Jason Rodriguez, and the seller, David Emmanuel-Cohen. The buyer is represented by Alexandros Tsoulfas from STL Commercial, while the seller is represented by Martin Bravo and Miguel Pinto from APEX Capital Realty.
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
10.78%
Cash-on-Cash
-3.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93