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4191 Malaga Avenue

Lee Grammas Acquires Miami Single Family From Seller Fausto Callava Antonio Pardo
SOLDSingle Family

Lee Grammas Acquires Miami Single Family From Seller Fausto Callava Antonio Pardo

4191 Malaga Avenue

$4,777,500

$878/SF

Building Size

5,436 SF

Asset Type

Single Family

Closing

Nov 21, 2023

AI

A single-family property located at 4191 Malaga Avenue in Miami has been sold in a recent transaction. The property spans approximately 5,436 square feet and was listed with an asking price of $4,975,000.

Summary of Transaction Details

  • Property Type: Single Family
  • Transaction Amount: $4,777,500
  • Address: 4191 Malaga Avenue, Miami
  • Market: Miami

The buyer of the property is Lee Grammas, while the seller is Fausto Callava Antonio Pardo. Facilitating the transaction was broker Lukas Andrea Foiani from AFS Living.

The property was eventually sold for $4,777,500, which translates to a price per square foot of $879.

Players

Lukas Andrea Foiani

AFS Living

Broker

$67.4M

vol

6 deals

Broker

Fausto Callava

Seller

$6M

vol

3 deals

Seller

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.32%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93