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Sw 137 St

Edwin Flores Purchases Development Site From Leo Morocho For $2.275M With Brokers Alessandro Lima & Alberto Diaz
SOLDDevelopment Site

Edwin Flores Purchases Development Site From Leo Morocho For $2.275M With Brokers Alessandro Lima & Alberto Diaz

Sw 137 St

$2,275,000

Building Size

Asset Type

Development Site

Closing

Oct 27, 2025

AI

The property involved in this transaction is a development site located at 15192 SW 137 ST in Miami. The sale price was set at $2,275,000. The deal was completed in an all-cash transaction and was listed and sold within 90 days.

Summary of transaction details:

This transaction was facilitated by brokers Alessandro Lima and Alberto Diaz representing the Porosoff Group. They have indicated interest in actively purchasing value-add retail properties across Florida. Interested parties can reach out to Alessandro Lima for swift engagement.

Players

Alessandro Lima

Compass

Broker

$105M

vol

28 deals

Broker

Edwin Flores

Buyer

$2.3M

vol

2 deals

Buyer

Miami Springs 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

6.97%

Cash-on-Cash

-1.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93