Fulano Detal Acquires Industrial Property From Andrew Carton In Miami For $4.23M
7771 Northwest 7th Avenue
$4,230,000
$538/SF
Building Size
7,850 SF
Asset Type
Industrial
Closing
Aug 18, 2025
AI
The property asset involved in the transaction is located at 7771 Northwest 7th Avenue in Miami. This industrial asset consists of 7,850 square feet and was sold for a transaction amount of $4,230,000, which equates to a price per square foot of $538.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,230,000
- Square Footage: 7,850
- Address: 7771 Northwest 7th Avenue
- Market: Miami
- Buyer: Fulano Detal
- Seller: Andrew Carton
- Brokers: Irene Dakota & Juan Andres Nava - Metro 1 Commercial
The key individuals involved in the transaction include buyer Fulano Detal and seller Andrew Carton, who facilitated the successful closing of the deal with the assistance of brokers Irene Dakota and Juan Andres Nava from Metro 1 Commercial.
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
3.75%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93