Eduardo Pavia Suarez And Alexander Llompart Filardi Acquire Development Site In Miami For $1.68M
255 Northwest 32nd Street
$1,680,000
$649/SF
Building Size
2,588 SF
Asset Type
Development Site
Closing
Oct 30, 2025
AI
The development site is located at 255 Northwest 32nd Street in the Miami market, with a sale price of $1,680,000. The asset encompasses a total area of 2,588 square feet, translating to a price per square foot of $649.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,680,000
- Address: 255 Northwest 32nd Street
- Market: Miami
- Square Footage: 2,588
- Price per Square Foot: $649
- Buyer: Eduardo Pavia Suarez & Alexander Llompart Filardi
- Seller: Harry & Carol Accornero
- Buyer's Representative: Uccio Zecchini & Brandon Brugal - BZG International
- Seller's Representative: George Belesis - DWNTWN Realty Advisors
The transaction involved two buyers, Eduardo Pavia Suarez and Alexander Llompart Filardi, who were represented by Uccio Zecchini and Brandon Brugal from BZG International. The sellers, Harry and Carol Accornero, were represented in the deal by George Belesis of DWNTWN Realty Advisors.
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
9.44%
Cash-on-Cash
-2.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93