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Chariff Realty Group Brokers $1.9 Million Sale Of Industrial Property In Miami

Property Image
SOLD
$1,900,000
Mauricio Zapata
Lyle Chariff
William Ltaif

Florida

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Industrial1,480 SF
Sold 07/09/2025
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Property Image
SOLD

Chariff Realty Group Brokers $1.9 Million Sale Of Industrial Property In Miami

773 Northwest 21st Terrace

See Similar Deals
Industrial1,480 SF
Sold 07/09/2025
Mauricio Zapata
Lyle Chariff
William Ltaif
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$1,283
Total Square Footage:1,480 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 773 & 775 Northwest 21st Terrace in Miami. The sale price was recorded at $1,900,000. The industrial asset consists of a building with a total square footage of 1,480 square feet and occupies a combined lot size of 11,432 square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,900,000
  • Square Footage: 1,480 SF
  • Price Per Square Foot: $1,284
  • Lot Size: 11,432 SF
  • Price Per Lot Square Foot: $166

The brokers involved in this transaction are Lyle Chariff, Mauricio Zapata, and William Ltaif, all representing Chariff Realty Group. They facilitated the sale of the property in Miami’s Allapattah neighborhood.

Players

Mauricio Zapata
Chariff Realty Group
Mauricio Zapata
32 deals$61.5M volume
BROKER
Lyle Chariff
Chariff Realty Group
Lyle Chariff
32 deals$56.7M volume(305) 576-7474
BROKER
William Ltaif
Chariff Realty Group
William Ltaif
2 deals$3.2M volume(786) 253-6952
BROKER

Details

SOLD
IMAGE: Mauricio Zapata, Lyle Chariff & William Ltaif DATE: 07/09/2025 ADDRESS: 773 & 775 Northwest 21st Terrace MARKET: Miami ASSET TYPE: Industrial BROKERS: Lyle Chariff (@LyleChariff), Mauricio Zapata (@MauricioZapata_) & William Ltaif (@Ltaif.Will) - Chariff Realty Group (@Chariff) SALE PRICE: $1,900,000 SF: 1,480 ~ PPSF: $1,284 LOT SF: 11,432 ~ PPLSF: $166 NOTE: Lyle Chariff, Mauricio Zapata, and William Ltaif of Chariff Realty Group brokered the $1.9 million sale of 773 & 775 NW 21st Ter in Miami’s Allapattah. The 1,480 SF building sits on a combined 11,432 SF lot.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$6,750.31
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