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Joseph Delvecchio Purchases Industrial Property In Allapattah From Robert Martin For $2.26M

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SOLD
$2,258,500
Carlos Fausto Miranda

Florida

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Industrial8,100 SF
Sold 02/26/2025
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SOLD

Joseph Delvecchio Purchases Industrial Property In Allapattah From Robert Martin For $2.26M

1854 Nw 22 St

See Similar Deals
Industrial8,100 SF
Sold 02/26/2025
Carlos Fausto Miranda
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$278
Total Square Footage:8,100 SF
Transaction Type:Sale

The asset involved in this transaction is an industrial property located at 1854 Northwest 22nd Street in the Allapattah market. The sale price for the property was $2,258,500, and it encompasses a total area of 8,100 square feet, resulting in a price per square foot of $278.

Summary of transaction details:

In this transaction, Joseph Delvecchio purchased the property from Robert Martin. The representatives involved were Jonathan Eismann of Gridline Properties, who acted on behalf of the buyer, and Carlos Fausto Miranda from Fausto Commercial Realty Consultants, representing the seller.

Players

Carlos Fausto Miranda
54 deals$239.3M volume(305) 431-2258
BROKER

Jonathan Eismann
Gridline Properties
36 deals$95.6M volume(305) 507-7098
BROKER

Details

SOLD
IMAGE: Jonathan Eismann & Carlos Fausto Miranda DATE: 02/26/2025 ADDRESS: 1854 Northwest 22nd Street MARKET: Allapattah ASSET TYPE: Industrial BUYER: Joseph Delvecchio SELLER: Robert Martin BUYER'S REP: Jonathan Eismann (@JonEismann) - Gridline Properties (@GridlineProperties) SELLER'S REP: Carlos Fausto Miranda - Fausto Commercial Realty Consultants (@FaustoCommercial) SALE PRICE: $2,258,500 SF: 8,100 ~ PPSF: $278

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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