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7771 Northwest 7th Avenue

Fulano Detal Acquires Industrial Property From Andrew Carton In Miami For $4.23M
SOLDIndustrial

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

Irene Dakota

Metro 1 Commercial

Broker

$19.3M

vol

5 deals

Broker
Metro 1 Commercial
Metro 1 CommercialBrokerage

Andrew Carton

Seller

$20.9M

vol

4 deals

Seller

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