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3500 Northwest 54th Street

Updated Dec 16, 2025

Justin Freedman & Alex Kouwenhoven Buy Industrial Asset In Miami For $9.975M With Hype Real Estate Group
SOLDIndustrial

Justin Freedman & Alex Kouwenhoven Buy Industrial Asset In Miami For $9.975M With Hype Real Estate Group

3500 Northwest 54th Street

$9,975,000

$159/SF

Building Size

62,480 SF

Asset Type

Industrial

Closing

Dec 3, 2025

About this deal

AI

The property asset involved in this transaction is an industrial facility located at 3500 Northwest 54th Street in the Miami, FL market. The sale took place for a price of $9,975,000, encompassing a total square footage of 62,480, which translates to a price per square foot of $159.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $9,975,000
  • Address: 3500 Northwest 54th Street
  • Market: Miami, FL
  • Square Footage: 62,480
  • Price Per Square Foot: $159
  • Buyer: Justin Freedman & Alex Kouwenhoven - Woodhill Real Estate
  • Seller: Mark Caplan
  • Buyer's Representative: Pablo Vignolo & Raul Pino - The Hype Real Estate Group
  • Seller's Representative: Junior Ferrer - The Hype Real Estate Group

This transaction was facilitated with the involvement of key representatives from The Hype Real Estate Group, who played a significant role in assisting both the seller and the buyer through a smooth closing process. The team's efforts extend beyond this deal, as they are actively sourcing industrial and retail opportunities throughout various states, including Florida, Georgia, North Carolina, Virginia, and in the northeastern regions. The Hype Real Estate Group maintains physical offices in Miami and New York, looking to connect with more buyers interested in similar opportunities.

On the Map

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$9,975,000

$159/SF

Industrial

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Players

Raul Pino

The Hype Real Estate Group

Broker

$350.5M

vol

52 deals

Broker
The Hype Real Estate Group
The Hype Real Estate GroupBrokerage
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Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $159 per square foot on a published $10M for 62,480 square feet (2025).

Visit Pablo Vignolo to view all their deals.

Browse Miami industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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