Updated Jan 29, 2026
Redevelopment Site Sold For $1.25M In Miami With Brokers Belus Brutus & Ryan Sullivan
533 Northwest 32nd Street
$1,250,000
$318/SF
Building Size
3,925 SF
Asset Type
Development Site
Closing
Dec 21, 2025
About this deal
AI
The property asset involved in this transaction is a redevelopment site located at 533 Northwest 32nd Street in Miami. The site covers an area of 0.16 acres and has a sale price of $1,250,000.
Summary of transation details:
- Property Type: Redevelopment Site
- Transaction Amount: $1,250,000
- Address: 533 Northwest 32nd Street
- Market: Miami
- Acres: 0.16
The deal was represented by brokers Belus Brutus and Ryan Sullivan from Kislak, highlighting the professionals involved in facilitating this transaction.
Players
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93