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3401 Northwest 25th Street

Mariano Bernstein Acquires Development Site In Miami From Matias Alaniz For $4.1M
SOLDDevelopment Site

Mariano Bernstein Acquires Development Site In Miami From Matias Alaniz For $4.1M

3401 Northwest 25th Street

$4,100,000

$95/SF

Building Size

43,168 SF

Asset Type

Development Site

Closing

Apr 26, 2026

AI

The asset involved in this transaction is a development site located at 3401 Northwest 25th Street, Miami. The property was sold for $4,100,000, encompassing an area of 43,168 square feet, resulting in a price per square foot of $94.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $4,100,000
  • Address: 3401 Northwest 25th Street
  • Market: Miami
  • Square Footage: 43,168
  • Price per Square Foot: $94
  • Buyer: Mariano Bernstein
  • Seller: Matias Alaniz
  • Broker: Manny Chamizo III - One Sotheby's International Realty

The transaction involved Mariano Bernstein as the buyer and Matias Alaniz as the seller, with Manny Chamizo III representing the buyer through One Sotheby's International Realty. This highlight of the brokerage role underscores the involvement of the real estate agency in facilitating the deal.

Players

Manny Chamizo III

Sotheby's International Realty

Broker

$199.1M

vol

30 deals

Broker

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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93