Updated Sep 21, 2026
Pat Lue Acquires Industrial Property At 5400 Northwest 84th Avenue Miami For $8.9M
5400 Northwest 84th Avenue
$8,900,000
$212/SF
Building Size
41,902 SF
Asset Type
Industrial
Closing
Sep 14, 2026
About this deal
AI
This industrial asset, located at 5400 Northwest 84th Avenue in the Miami market, has a transaction price of $8,900,000. The property comprises 41,902 square feet, resulting in a price per square foot of $212.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,900,000
- Buyer: Pat Lue
- Seller: Scott Goldman
- Buyer’s Representative: George Smith - Smith Commercial Property Group
- Seller’s Representatives: Jose Juncadella & Sebastian Juncadella - Fairchild Partners
George Smith of Smith Commercial Property Group represented the buyer in this transaction and expressed satisfaction with the successful closing. He acknowledged the professionalism of the seller's representatives, Jose and Sebastian Juncadella, highlighting the collaborative nature of the deal. The deal reflects ongoing demand for industrial properties in South Florida, despite market shifts.
On the Map
$8,900,000
$212/SF
Industrial
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Players
Doral 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
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93