Updated Mar 11, 2026
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
About this deal
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.
On the Map
$1,400,000
$727/SF
Industrial
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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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93