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7227 Southwest 40th Street

Manuel Chamizo Purchases Industrial Property In Miami For $1.3 Million With Agustin Duarte As The Broker
SOLDIndustrial

Manuel Chamizo Purchases Industrial Property In Miami For $1.3 Million With Agustin Duarte As The Broker

7227 Southwest 40th Street

$1,400,000

$727/SF

Building Size

1,925 SF

Asset Type

Industrial

Closing

Mar 3, 2026

AI

The industrial property located at 7227 Southwest 40th Street in Miami was sold for $1,300,000. This asset comprises a total area of 1,925 square feet, equating to a price per square foot of $675.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,300,000
  • Address: 7227 Southwest 40th Street
  • Market: Miami
  • Square Footage: 1,925
  • Price Per Square Foot: $675
  • Buyer: Manuel Chamizo
  • Broker: Agustin Duarte - REMAX 360 Real Estate

The deal involved Manuel Chamizo as the buyer of the industrial asset, with representation provided by Agustin Duarte from REMAX 360 Real Estate, emphasizing the role of the broker in facilitating the transaction.

Players

Agustin Duarte

Re/Max

Broker

$89.7M

vol

25 deals

Broker

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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93