Macarena Bravo Purchases Industrial Warehouse From Russell Lewis For $1.6M In Miami
3805 Northwest 35th Avenue
$1,600,000
$367/SF
Building Size
4,352 SF
Asset Type
Industrial
Closing
Jan 29, 2026
AI
The property asset involved in this transaction is an industrial warehouse located at 3805 Northwest 35th Avenue in the Miami market. The sale price for this asset was $1,600,000, encompassing a total square footage of 4,352, which equates to a price per square foot of $367.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,600,000
- Address: 3805 Northwest 35th Avenue
- Market: Miami
- Square Footage: 4,352
- Price per Square Foot: $367
- Buyer: Macarena Bravo
- Seller: Russell Lewis
- Seller's Rep: Miguelangel Salazar-Pesce & Azael Reyes - East Coast Properties & Commercial Real Estate
This transaction highlights the involvement of East Coast Properties & Commercial Real Estate in representing the seller, who facilitated the sale of the industrial warehouse. They collaborated closely with the buyer’s lender, ensuring a smooth process through the SBA approval. Additionally, East Coast Properties & Construction Group will assist the buyer with the interior design and build-out to meet their operational requirements.
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93