—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.
Miami Commercial Market Snapshot
Boundary boundary · Commercial · All transaction types transactions
Loading comparables…
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