Updated Oct 9, 2026
Alejandro Sapicas Acquires Industrial Asset From Brenda Bly In Miami For $5 Million
3740 Northwest 78th Street
$5,000,000
$230/SF
Building Size
21,660 SF
Asset Type
Industrial
Closing
Oct 5, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 3740 Northwest 78th Street in Miami. The sale price was $5,000,000, encompassing a total square footage of 21,660, which translates to a price per square foot of $230.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 3740 Northwest 78th Street
- Market: Miami
- Square Footage: 21,660
- Price per Square Foot: $230
- Buyer: Alejandro Sapicas
- Seller: Brenda Bly
- Broker: Brandon Dagnesses - Dags Group & Associates
This transaction involved Alejandro Sapicas as the buyer and Brenda Bly as the seller, with Brandon Dagnesses representing Brenda Bly in the deal through Dags Group & Associates.
On the Map
$5,000,000
$230/SF
Industrial
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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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93