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Zalmy Shapiro And Joel Lusky Of Harbor Equity Partners Acquire Industrial Asset In Miami For $4.3M

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SOLD
$4,300,000

Florida

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Industrial21,101 SF
Sold 03/31/2026
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SOLD

Zalmy Shapiro And Joel Lusky Of Harbor Equity Partners Acquire Industrial Asset In Miami For $4.3M

18505 Southwest 104th Avenue

See Similar Deals
Industrial21,101 SF
Sold 03/31/2026
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$203
Total Square Footage:21,101 SF
Transaction Type:Sale

The asset involved in the transaction is an industrial property located at 18505 Southwest 104th Avenue in the Miami market. The sale price for the property was $4,300,000, with a total square footage of 21,101 and a price per square foot of $203.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,300,000
  • Square Footage: 21,101
  • Price Per Square Foot: $203
  • Buyer: Zalmy Shapiro & Joel Lusky - Harbor Equity Partners
  • Seller: Ricardo Deleo - Pombal Inc
  • Buyer's Representative: Yoni Sunshine - APEX Capital Realty
  • Date of Transaction: 03/31/2026

Yoni Sunshine represented the buyers in this transaction, having previously facilitated the disposition of their Oakland Park asset in Q4 2025. The team successfully redeployed the client’s capital into this Miami acquisition, showcasing their specialization in sourcing off-market, value-add industrial opportunities.

Players

Yoni Sunshine
15 deals$38.9M volume(216) 973-9534
BROKER

Zalmy Shapiro
33 deals$288.3M volume
BUYER

Joel Lusky
44 deals$422.7M volume
BUYER

Details

SOLD
IMAGE: Joel Lusky, Yoni Sunshine & Zalmy Shapiro DATE: 03/31/2026 ADDRESS: 18505 Southwest 104th Avenue MARKET: Miami ASSET TYPE: Industrial BUYER: Zalmy Shapiro (@Zalmy_Shapiro) & Joel Lusky (@JoelLusky) - Harbor Equity Partners SELLER: Ricardo Deleo - Pombal Inc BUYER'S REP: Yoni Sunshine (@YoniSunshine) - APEX Capital Realty (@APEXCapitalRealty) SALE PRICE: $4,300,000 SF: 21,101 ~ PPSF: $203 NOTE FROM BUYER'S REP: Our team previously facilitated the disposition of the client’s Oakland Park asset in Q4 2025 and successfully redeployed their capital into this Miami acquisition, identifying and securing a small-bay, value-add opportunity prior to it hitting the market. We specialize in sourcing off-market, value-add industrial opportunities and strategically positioning these assets for resale upon stabilization. For owners considering a sale or buyers seeking access to exclusive inventory, please reach out: [email protected]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$229,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33