Jason Rodriguez Purchases Retail Space At 8101 Biscayne Boulevard From David Emmanuel-Cohen For $1.47M
SOLD
$1,471,900
Florida
See Similar DealsRetail3,480 SF
Sold 12/27/2024
SOLD
Jason Rodriguez Purchases Retail Space At 8101 Biscayne Boulevard From David Emmanuel-Cohen For $1.47M
8101 Biscayne Boulevard
See Similar DealsRetail3,480 SF
Sold 12/27/2024
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$423
Total Square Footage:3,480 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$78,501.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,229.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,977.56
Annual Debt Service$83,730.68
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