Jorge Gomez Sells Industrial Property At 3661 Northwest 50th Street Miami For $7M
3661 Northwest 50th Street
$7,000,000
$184/SF
Building Size
38,040 SF
Asset Type
Industrial
Closing
Jul 7, 2026
AI
The property involved in this transaction is an industrial asset located at 3661 Northwest 50th Street in the Miami market. The sale price was $7,000,000 for a total area of 38,040 square feet, resulting in a price per square foot of $184.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Address: 3661 Northwest 50th Street
- Market: Miami
- Square Footage: 38,040
- Price per Square Foot: $184
- Seller: Jorge Gomez
- Broker Representatives: Jonathan De La Rosa, Eduardo Toledo & Nicholas Hassan - Marcus & Millichap
In this transaction, the broker representatives who facilitated the deal were Jonathan De La Rosa, Eduardo Toledo, and Nicholas Hassan from Marcus & Millichap. Their involvement was crucial in executing the transaction for the seller, Jorge Gomez.
Players
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93