facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Development Site

/

Sale

/

142 Southwest 9th Street

North Development Acquires Development Site In Miami For $18.2 Million From Zena Bardawell And Manuel Calas
SOLDDevelopment Site

North Development Acquires Development Site In Miami For $18.2 Million From Zena Bardawell And Manuel Calas

142 Southwest 9th Street

$18,200,000

$808/SF

Building Size

22,500 SF

Asset Type

Development Site

Closing

Dec 18, 2025

AI

The development site located at 142 Southwest 9th Street in Miami has been sold for a total price of $18,200,000. The site encompasses 576,874 BSF, translating to a price per BSF of $31. The total square footage of the site is 22,500, which equates to a price per square foot of $808.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $18,200,000
  • Address: 142 Southwest 9th Street
  • Market: Miami
  • BSF: 576,874
  • PPBSF: $31
  • SF: 22,500
  • PPSF: $808
  • Buyer: Ricardo Dunin, Juan Carlos Tassara, Arturo Vidal & Eduardo Vargas - North Development
  • Seller: Zena Bardawell & Manuel Calas

The transaction involved the buyers Ricardo Dunin, Juan Carlos Tassara, Arturo Vidal, and Eduardo Vargas, all acting on behalf of North Development. The sellers in this deal are Zena Bardawell and Manuel Calas.

Players

Ricardo Dunin

North Development

Buyer

$279.3M

vol

6 deals

Buyer
North Development
North DevelopmentBuyer

Miami Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.87%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93