Stella Maris 33 LLC Acquires 26-Unit Hotel In Miami For $3.25M From 3F Development LLC
4001 West Flagler Street
$3,250,000
$419/SF
Building Size
7,749 SF
Asset Type
Hotel
Closing
Nov 3, 2025
About this deal
AI
A hotel asset located at 4001 West Flagler Street in Miami was sold. The property comprises 26 units and has a total square footage of 7,749. The transaction was completed at a price of $3,250,000, equating to $125,000 per unit and $419 per square foot. The lot size is 0.41 acres.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $3,250,000
- Number of Units: 26
- Square Footage: 7,749
- Price per Unit: $125,000
- Price per Square Foot: $419
- Buyer: STELLA MARIS 33 LLC
- Seller: 3F Development LLC
- Broker Representatives: Ernie Perez & Pablo Rodriguez - Gridline Properties
- Lender: BayFirst National Bank
- Financing Amount: $2,250,000
The transaction involved STELLA MARIS 33 LLC acquiring the property from 3F Development LLC. BayFirst National Bank provided financing to facilitate the purchase. The deal was represented by Ernie Perez and Pablo Rodriguez from Gridline Properties, who acted on behalf of the seller in this transaction.
On the Map
$3,250,000
$419/SF
Hotel
View full map
Players
Coral Gables Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
Loading comparables…
Deal FAQ
Visit Pablo Rodriguez to view all their deals.
Browse Coral Gables hotel sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93