Updated Dec 20, 2023
Carlos Lehite Acquires Industrial Property In Miami For $1.2M
4680 Northwest 74th Avenue, Miami, FL 33166
$1,235,000
$207/SF
Building Size
5,952 SF
Asset Type
Industrial
Closing
Dec 10, 2021
About this deal
AI
An industrial property located at 4680 NW 74th Avenue in Miami has been sold for a total of $1,235,000. The property spans 5,952 square feet, resulting in a price per square foot of $207.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,235,000
- Address: 4680 NW 74th Avenue, Miami
- Market: Miami
The buyer in this transaction is Carlos Lehite, while the seller is Vicente Bolinches. Representing the buyer, Robert Burstein from ONE Commercial Real Estate facilitated the deal.
The industrial sale at 4680 Northwest 74th Avenue, Miami, FL 33166 in Miami, Florida sold for $1.2M in 2021. The building is 5,952 square feet, implying about 207 per square foot on the published price. Robert Burstein, ONE Commercial Real Estate appear on the sale alongside ONE Commercial Real Estate. This page is the Miami, Florida file for the 4680 Northwest 74th Avenue, Miami, FL 33166 industrial sold: pricing, party profiles, and other closed industrial comps from the same Miami sit in the Market section below. Filter that Miami industrial set by closing date to see what else sold near 4680 Northwest 74th Avenue, Miami, FL 33166 around 2021. Published consideration for 4680 Northwest 74th Avenue, Miami, FL 33166 is $1.2M, dated 2021. Cite this Carlos Lehite Acquires Industrial Property In Miami For $1.2M sale when underwriting similar industrial product around Miami, Florida.
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
12.84%
Cash-on-Cash
-3.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93