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7441 North Miami Avenue

Harvey Hernandez Purchases Industrial Asset From Stenio D'Haiti For $1.15M In Little River
SOLDIndustrial

Harvey Hernandez Purchases Industrial Asset From Stenio D'Haiti For $1.15M In Little River

7441 North Miami Avenue

$1,150,000

$1,461/SF

Building Size

787 SF

Asset Type

Industrial

Closing

Aug 17, 2025

AI

The property asset is an industrial space located at 7441 North Miami Avenue in the Little River market. The sale transaction was completed for a price of $1,150,000, resulting in a total square footage of 787, which translates to a price per square foot of $1,461.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,150,000
  • Address: 7441 North Miami Avenue
  • Market: Little River
  • Square Footage: 787
  • Price Per Square Foot: $1,461
  • Buyer: Harvey Hernandez
  • Seller: Stenio D'Haiti
  • Brokers: George Belesis & Chris Sterling - DWNTWN Realty Advisors

The transaction involved key individuals including the buyer, Harvey Hernandez, and the seller, Stenio D'Haiti. The deal was facilitated by brokers George Belesis and Chris Sterling representing DWNTWN Realty Advisors.

Players

George Belesis

DWNTWN Realty Advisors

Broker

$52.7M

vol

17 deals

Broker
DWNTWN Realty Advisors
DWNTWN Realty AdvisorsBrokerage
Harvey Hernandez

Harvey Hernandez

Buyer

$870.8M

vol

12 deals

Buyer

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

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93