Harvey Hernandez Purchases Industrial Asset From Stenio D'Haiti For $1.15M In Little River
SOLD
$1,150,000
Florida
See Similar DealsIndustrial787 SF
Sold 08/18/2025
SOLD
Harvey Hernandez Purchases Industrial Asset From Stenio D'Haiti For $1.15M In Little River
7441 North Miami Avenue
See Similar DealsIndustrial787 SF
Sold 08/18/2025
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$1,461
Total Square Footage:787 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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