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Remax Represents Buyer In $2.5M Miami Industrial Sale

Property Image
SOLD
$2,475,000

Florida

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Industrial15,338 SF
Sold 06/22/2023
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Property Image
SOLD

Remax Represents Buyer In $2.5M Miami Industrial Sale

3812 NW 32nd Ave Miami, FL 33142, USA

See Similar Deals
Industrial15,338 SF
Sold 06/22/2023
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$161
Total Square Footage:15,338 SF
Transaction Type:Sale

The industrial property located at 3812-3814 Northwest 32nd Avenue in Miami has been sold for a price of $2,475,000. Spanning an area of 15,338 square feet, the property has been purchased by an undisclosed buyer. The transaction reflects a price per square foot of $161.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,475,000
  • Address: 3812-3814 Northwest 32nd Avenue, Miami
  • Square Footage: 15,338
  • Price Per Square Foot: $161

Representing the buyer in this deal is Keiti Silva from Remax, while the seller, Rojasfank Corporation, was represented by Markos Bertolotti from Fausto Commercial Realty Consultants. Oscar Garcia, the representative of Rojasfank Corporation, oversaw the sale on behalf of the seller.

Players

Keiti Silva
9 deals$158.4M volume(786) 838-3687
BROKER

Markos Bertolotti
Fausto Commercial Realty Consultants
12 deals$54.5M volume
BROKER

Details

SOLD
IMAGE: Keiti Silva & Markos Bertolotti DATE: 06/22/2023 ADDRESS: 3812-3814 Northwest 32nd Avenue MARKET: Miami ASSET TYPE: Industrial SELLER: Rojasfank Corporation - Oscar Garcia BUYER'S REP: Keiti Silva (@Keiti.Cre) - Remax (@Remax) SELLER'S REP: Markos Bertolotti (@Markos_CommercialRealtor) - Fausto Commercial Realty Consultants SALE PRICE: $2,475,000 SF: 15,338 ~ PPSF: $161

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$132,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,793.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,732.76
Annual Debt Service$140,793.15