Updated Nov 5, 2026
Moishe Mana Acquires Office Condo From Wells Fargo For $4 Million In Miami
100 East Flagler Street
$4,000,000
$484/SF
Building Size
8,257 SF
Asset Type
Commercial
Closing
Oct 29, 2026
About this deal
AI
The property asset involved in this transaction is an office condo located at 100 East Flagler Street Unit 1 in Miami. It has a sale price of $4,000,000 and spans 8,257 square feet, translating to a price per square foot of $484.
Summary of transaction details:
- Property Type: Office Condo
- Transaction Amount: $4,000,000
- Buyer: Moishe Mana
- Seller: Wells Fargo
- Buyer's Representative: Mika Mattingly, Cecilia Estevez & Bradley Arendt - Colliers
- Seller's Representative: Russell Bornstein & Michael Wilson - Colliers
This transaction highlights the involvement of key industry professionals, including the buyer's representatives Mika Mattingly, Cecilia Estevez, and Bradley Arendt, as well as the seller's representatives Russell Bornstein and Michael Wilson, all from Colliers.
On the Map
$4,000,000
$484/SF
Commercial
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Players
Miami Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Deal FAQ
About $484 per square foot on a published $4M for 8,257 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93