Sergio Marrero Of Marrero Capital Investments Purchases Office Building In Miami For $7.6M
6405 Southwest 36th Street
$7,600,000
$155/SF
Building Size
48,881 SF
Asset Type
Office
Closing
Apr 24, 2025
AI
The property asset involved in this transaction is an office building located at 6405 Southwest 36th Street in Miami. It was sold for a total price of $7,600,000. The building has a total square footage of 48,881 and is categorized within the office asset type. The price per square foot for this transaction is $155.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $7,600,000
- Buyer: Sergio Marrero - Marrero Capital Investments
- Seller: Samir Taha - Taha Properties
- Buyer's Representative: Joseph Suarez - Trustpoint Realty LLC
- Seller's Representatives: Gregory Miller, Michael Ciadella, Miguel Alcivar & Scott O'Donnell - Cushman & Wakefield
- Square Footage: 48,881
- Price per Square Foot: $155
Marrero Capital Investments acquired the asset from Taha Properties in this transaction, which involved prominent representatives from both sides. The deal was facilitated by four representatives from Cushman & Wakefield on the seller's side, highlighting the involvement of multiple agents in the listing and negotiation processes.
Players
Miami Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93