Alexander Gonzalez Acquires Industrial Property From Joannis Sapicas For $2.125M In Miami
7620 Northwest 26th Street
$2,125,000
$344/SF
Building Size
6,166 SF
Asset Type
Industrial
Closing
Apr 9, 2026
AI
The property involved in this transaction is an industrial asset located at 7620 Northwest 26th Street, in the Miami market. The sale price was set at $2,125,000, and the asset spans a total of 6,166 square feet, resulting in a price per square foot of $344.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,125,000
- Buyer: Alexander Gonzalez
- Seller: Joannis Sapicas
- Brokers: Bobby Berrido, CCIM & Yuniel De Varona - Fausto Commercial Realty Consultants
- Realtor: Armando Sanchez Bueno
This deal involved key individuals including the buyer Alexander Gonzalez and the seller Joannis Sapicas, with representation provided by brokers Bobby Berrido, CCIM and Yuniel De Varona from Fausto Commercial Realty Consultants, and realtor Armando Sanchez Bueno. Their roles were critical in facilitating the transaction and ensuring all parties were aligned throughout the process.
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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93