Updated Sep 11, 2026
Apif Florida LLC Acquires Industrial Facility In Miami Gardens For $7.475M From Robert Comunale
5375 Northwest 159th Street
$7,475,000
$149/SF
Building Size
49,908 SF
Asset Type
Industrial
Closing
Aug 21, 2026
About this deal
AI
Apif Florida LLC acquired an industrial facility located at 5375 Northwest 159th Street in Miami Gardens. The property spans 49,908 square feet and was sold for $7,475,000, equating to a price per square foot of $150. The transaction took place on August 21, 2026.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,475,000
- Address: 5375 Northwest 159th Street
- Market: Miami Gardens
- Square Footage: 49,908
- Price Per Square Foot: $150
- Buyer: Apif Florida LLC
- Seller: Robert Comunale
Robert Comunale acted as the seller in this transaction, facilitating the sale of the industrial facility. Apif Florida LLC represents the buyer's interests in acquiring this property within the Miami Gardens market.
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
2.12%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93