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Basilio Tager Purchases Development Site In Surfside For $1.26M With Brokers Carlos Megias And Michelle Silva Lindquist

Property Image
SOLD
$1,260,000
Michelle Silva Lindquist
Carlos Megias

Florida

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Development Site
Sold 07/11/2025
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Property Image
SOLD

Basilio Tager Purchases Development Site In Surfside For $1.26M With Brokers Carlos Megias And Michelle Silva Lindquist

9156 Emerson Avenue

See Similar Deals
Development Site
Sold 07/11/2025
Michelle Silva Lindquist
Carlos Megias
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Development Site
Transaction Type:Sale

A development site located at 9156 Emerson Avenue in Surfside has been sold. The sale price was $1,260,000 and the site has a buildable square footage of 3,800, resulting in a price per buildable square foot of $331.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $1,260,000
  • Address: 9156 Emerson Avenue
  • Market: Surfside
  • Buildable Square Footage: 3,800
  • Price per Buildable Square Foot: $331
  • Buyer: Basilio Tager
  • Buyer's Representative: Carlos Megias - The Corcoran Group
  • Seller's Representative: Michelle Silva Lindquist - Casa Florida Group

The buyer, Basilio Tager, represented by Carlos Megias from The Corcoran Group, is a prominent developer planning to construct a new spec home on the site. The seller was represented by Michelle Silva Lindquist from Casa Florida Group.

Players

Michelle Silva Lindquist
Casa Florida Group
Michelle Silva Lindquist
4 deals$42.8M volume
BROKER
Carlos Megias
The Corcoran Group
Carlos Megias
1 deal$1.3M volume(305) 979-9900
BROKER
The Corcoran Group
The Corcoran Group
BROKERAGE
Casa Florida Group
Casa Florida Group
BROKERAGE

Details

SOLD
IMAGE: Carlos Megias & Michelle Silva Lindquist DATE: 07/11/2025 ADDRESS: 9156 Emerson Avenue MARKET: Surfside ASSET TYPE: Development Site BUYER: Basilio Tager BUYER'S REP: Carlos Megias (@Miami.luxe.specialist) - The Corcoran Group (@TheCorcoranGroup) SELLER'S REP: Michelle Silva Lindquist (@Michelle_casa_florida) - Casa Florida Group (@CasaFloridaGroup) SALE PRICE: $1,260,000 BSF: 3,800 ~ PPBSF: $331 NOTE FROM BUYER'S REP: 📍Just Sold | Surfside Land Thrilled to announce the sale of a prime piece of land in Surfside! The buyer, a prominent developer, will be bringing a stunning new spec home to this sought-after neighborhood. Excited to see another beautiful project take shape in one of Miami’s most desirable coastal communities.

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

$67,200.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,476.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,973.04
Annual Debt Service$71,676.51