Salvatore Natoli & Alejandro Lombardo Acquire Industrial Asset In Miami For $3.4M

The industrial property located at 4301 Northwest 72nd Avenue in Miami was sold for $3,400,000. The property spans 9,800 square feet with a price per square foot of $347. The sale was completed on 02/12/2024, involving Salvatore Natoli & Alejandro Lombardo as the buyers and Hector Catano as the seller. Eddie Sotero represented the buyer while Hector Catano was represented by Cornerstone International Realty.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,400,000
• Buyer: Salvatore Natoli & Alejandro Lombardo
• Seller: Hector Catano
• Buyer's Rep: Eddie Sotero
• Seller's Rep: Hector Catano - Cornerstone International Realty

The property was described as a great fix and flip commercial style asset by the seller. Hector Catano had purchased the property 15 months prior for $2 million before selling it for $3.4 million.