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

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SOLD
$1,998,000

Florida

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Development Site13,838 SF
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SOLD

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

7860 Northeast Bayshore Court

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Development Site13,838 SF
Sold
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$144
Total Square Footage:13838 SF
Transaction Type:Sale

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
53 deals$192M volume
BROKER

Steffanie Jacobson
The Alpha Commercial
10 deals$14.8M volume(609) 226-6390
BROKER

The Alpha Commercial
BROKERAGE

Details

SOLD
IMAGE: Jamie Rose Maniscalco & Steffanie Jacobson DATE: 12/09/2025 ADDRESS: 7860-7880 Northeast Bayshore Court MARKET: Miami ASSET TYPE: Development Site BUYER & SELLER'S REP: Jamie Rose Maniscalco (@Jamie_R0se) & Steffanie Jacobson (@Steff_Jacobson) - The Alpha Commercial Advisors (@TheAlphaCommercial) SALE PRICE: $1,998,000 SF: 13,838 ~ PPSF: $144 NOTE FROM BROKER: THE ALPHA Commercial Advisors specializes in aggressive seller-side representation and asset marketing across all commercial product types and is currently the premiere resource for site plan approved development opportunities throughout South Florida's peripheral urban core neighborhoods. Get in touch to see what we can do for you!

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$106,560.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,098.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,471.54
Annual Debt Service$113,658.47