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1420 Northeast 131st Street

Ulises De La Vega Purchases Industrial Asset From Clifford Deltis In North Miami For $1.015M
SOLDIndustrial

Ulises De La Vega Purchases Industrial Asset From Clifford Deltis In North Miami For $1.015M

1420 Northeast 131st Street

$1,015,000

$285/SF

Building Size

3,558 SF

Asset Type

Industrial

Closing

Jan 13, 2026

AI

The property involved in this transaction is located at 1420 Northeast 131st Street in North Miami. It is classified as an industrial asset with a total square footage of 3,558. The sale price for the property was set at $1,015,000, resulting in a price per square foot of $285.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,015,000
  • Address: 1420 Northeast 131st Street
  • Market: North Miami
  • Square Footage: 3,558
  • Price per Square Foot: $285
  • Buyer: Ulises De La Vega
  • Seller: Clifford Deltis
  • Brokers: Irene Cadet & Paul Coate - The Keyes Company

Ulises De La Vega acted as the buyer in this transaction, while Clifford Deltis served as the seller. The brokers representing this deal were Irene Cadet and Paul Coate from The Keyes Company, facilitating the sale and connecting both parties in the transaction.

Players

Irene Cadet

The Keyes Company

Broker

$7.8M

vol

2 deals

Broker

North Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.63%

Cash-on-Cash

-4.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93