Updated Nov 3, 2026
Anselmo Virgillio Acquires 10,600 SF Industrial Property In Miami For $2,250,000
3904 Northwest 32nd Avenue
$2,250,000
$212/SF
Building Size
10,600 SF
Asset Type
Industrial
Closing
Oct 30, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 3904 Northwest 32nd Avenue, Miami. The sale was completed for a price of $2,250,000, with a total square footage of 10,600, resulting in a price per square foot of $212.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,250,000
- Buyer: Anselmo Virgillio
- Seller: Juda Hersh, Corey Schwartz, Steven Ginsberg, Jake Stauber & Bailey - Hersh Equity Group
- Seller's Representative: Yoni Sunshine & Jason Abitbol - APEX Capital Realty
The sellers, Hersh Equity Group, previously acquired the property as part of a larger warehouse portfolio and have now sold it to an owner-user. They express gratitude towards their representatives at APEX Capital Realty for facilitating the transaction smoothly. Hersh Equity Group remains active in the small-bay industrial market across Florida, seeking additional value-add opportunities above 30,000 square feet.
On the Map
$2,250,000
$212/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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93