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7860 Northeast Bayshore Court

Jamie Rose Maniscalco & Steffanie Jacobson Of The Alpha Commercial Advisors Sell Development Site For $1.998M
SOLDDevelopment Site

Jamie Rose Maniscalco & Steffanie Jacobson Of The Alpha Commercial Advisors Sell Development Site For $1.998M

7860 Northeast Bayshore Court

$1,998,000

$144/SF

Building Size

13,838 SF

Asset Type

Development Site

Closing

Dec 8, 2025

AI

The property involved in this transaction is a development site located at 7860-7880 Northeast Bayshore Court in Miami. The transaction was completed for a sale price of $1,998,000. The site encompasses a total area of 13,838 square feet, resulting in a price per square foot of $144.

Summary of transaction details:

Jamie Rose Maniscalco and Steffanie Jacobson represented the buyer and seller in this transaction through The Alpha Commercial Advisors. This firm specializes in aggressive seller-side representation and asset marketing across various commercial property types, and is noted for its focus on site plan approved development opportunities within South Florida's peripheral urban core neighborhoods.

Players

Jamie Rose Maniscalco

The Alpha Commercial

Broker

$197.5M

vol

57 deals

Broker
The Alpha Commercial
The Alpha CommercialBrokerage

Miami Shores 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

7.94%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93