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3265 Virginia Street

Isaac Tshuva Of El-Ad National Properties Purchases Development Site In Miami For $45.5M
SOLDDevelopment Site

Isaac Tshuva Of El-Ad National Properties Purchases Development Site In Miami For $45.5M

3265 Virginia Street

$45,500,000

Building Size

Asset Type

Development Site

Closing

May 13, 2026

AI

The property involved in the transaction is a development site located at 3265 Virginia Street in Miami. The transaction was completed for a total sale price of $45,500,000.

Summary of transaction details:

This deal involved key individuals such as Isaac Tshuva, who represented El-Ad National Properties as the buyer, and Jose Canero, who represented Canero Group as the seller. The brokerage team from Berkadia, consisting of Omar Morales, Jaret Turkell, and Yoav Yuhjtman, facilitated the transaction.

Players

Jaret Turkell

Berkadia

Broker

$3.2B

vol

49 deals

Broker
EP
El-Ad National PropertiesBuyer
Jose Canero

Jose Canero

Seller

$150.7M

vol

12 deals

Seller

Miami Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.35%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93