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10760 Biscayne Boulevard

Raanan Katz Of RK Centers Acquires Commercial Property From Jacobo Azout For $7.84M In Biscayne Park
Commercial

Raanan Katz Of RK Centers Acquires Commercial Property From Jacobo Azout For $7.84M In Biscayne Park

10760 Biscayne Boulevard

Building Size

4,635 SF

Asset Type

Commercial

Closing

Apr 21, 2026

AI

A 4,635-square-foot commercial property located at 10760 Biscayne Boulevard in Biscayne Park was sold for $7.84 million. The sale price equates to approximately $1,691 per square foot.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $7,840,000
  • Square Footage: 4,635
  • Address: 10760 Biscayne Boulevard
  • Market: Biscayne Park
  • Buyer: Raanan Katz - RK Centers
  • Seller: Jacobo Azout

RK Centers, led by Raanan Katz, has successfully acquired the asset from Jacobo Azout, facilitating the transaction in the competitive Biscayne Park market.

Players

Raanan Katz

RK Centers

Buyer

$643.5M

vol

20 deals

Buyer

Jacobo Azout

Seller

$24M

vol

2 deals

Seller

Miami Commercial Market Snapshot

Boundary boundary · Commercial · All transaction types transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93