Gabriel Navarro & Marcos Puente Acquire Development Site In West Kendall For $7.5 Million
SOLD
$7,500,000
Florida
See Similar DealsDevelopment Site286,189 SF
Sold 08/25/2025
SOLD
Gabriel Navarro & Marcos Puente Acquire Development Site In West Kendall For $7.5 Million
Southwest 144th Avenue
See Similar DealsDevelopment Site286,189 SF
Sold 08/25/2025
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$26
Total Square Footage:286,189 SF
Transaction Type:Sale
The asset involved in this transaction is a development site located at the northwest corner of Coral Way & Southwest 144th Avenue in the West Kendall market of Miami. The sale price for this property was set at $7,500,000, comprising an area of 286,189 square feet, which translates to a price per square foot of $26.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $7,500,000
- Address: Northwest corner of Coral Way & Southwest 144th Avenue
- Market: West Kendall, Miami
- Square Footage: 286,189
- Price per Square Foot: $26
- Buyer: Gabriel Navarro & Marcos Puente - MMG Equity Partners
Gabriel Navarro and Marcos Puente, representing MMG Equity Partners, are planning to build 38 luxury townhomes and approximately 24,500 square feet of retail space on the newly acquired site.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$400,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,645.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,553.83
Annual Debt Service$426,645.92
Is there something missing? Send suggestions