Updated Dec 21, 2023
Lucas Donantueno & Ramiro Fernandez Sell Industrial Property In Little River For $1.5M
540 Northwest 71st Street, Miami, Florida 33147, United States
$1,500,000
$300/SF
Building Size
5,000 SF
Asset Type
Industrial
Closing
Jun 23, 2022
About this deal
AI
An industrial property located at 540 NW 71st St in the Little River neighborhood of Miami has been sold. The property spans 5,000 square feet and is situated in an industrial market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,500,000
- Asking Price: $1,500,000
- SF: 5,000
- PPSF: $300
The sellers of the property were Lucas Donantueno and Ramiro Fernandez. The deal was facilitated by brokers Juan Andres Nava and Hector Antunez from Metro 1 Commercial.
The industrial sale at 540 Northwest 71st Street, Miami, Florida 33147, United States in Miami, Florida sold for $1.5M in 2022. The building is 5,000 square feet, implying about 300 per square foot on the published price. Hector Antunez, Juan Andres Nava, Lucas Donantueno, Metro 1 Commercial appear on the sale alongside Metro 1 Commercial. This page is the Miami, Florida file for the 540 Northwest 71st Street, Miami, Florida 33147, United States 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 540 Northwest 71st Street, Miami, Florida 33147, United States around 2022. Published consideration for 540 Northwest 71st Street, Miami, Florida 33147, United States is $1.5M, dated 2022. Cite this Lucas Donantueno & Ramiro Fernandez Sell Industrial Property In Little River For $1.5M sale when underwriting similar industrial product around Miami, Florida.
On the Map
$1,500,000
$300/SF
Industrial
View full map
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Hector Antunez to view all their deals.
Browse Florida industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93