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Bernardo Duran Purchases Industrial Property From Andres Quincoses In Miami For $9.5M

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SOLD
$9,500,000

Florida

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Industrial39,236 SF
Sold 09/26/2025
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Property Image
SOLD

Bernardo Duran Purchases Industrial Property From Andres Quincoses In Miami For $9.5M

8050 Northwest 64th Street

See Similar Deals
Industrial39,236 SF
Sold 09/26/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$242
Total Square Footage:39,236 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial asset located at 8050 Northwest 64th Street in the Miami market. The sale price for the property was $9,500,000, with a total square footage of 39,236, translating to a price per square foot of $242.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $9,500,000
  • Address: 8050 Northwest 64th Street
  • Market: Miami
  • Square Footage: 39,236
  • Price Per Square Foot: $242
  • Buyer: Bernardo Duran
  • Seller: Andres Quincoses
  • Broker: Manny Chamizo III - Sotheby's International Realty

This transaction features Bernardo Duran as the buyer and Andres Quincoses as the seller, with representation from broker Manny Chamizo III of Sotheby's International Realty. The note from the broker emphasizes the need for a strategic thinker capable of navigating complex commercial real estate deals and enhancing property value in the current market landscape.

Players

Manny Chamizo III
Sotheby's International Realty
Manny Chamizo III
28 deals$192.5M volume(786) 486-6655
BROKER
Sotheby's International Realty
Sotheby's International Realty
BROKERAGE

Details

SOLD
IMAGE: Manny Chamizo III DATE: 09/26/2025 ADDRESS: 8050 Northwest 64th Street MARKET: Miami ASSET TYPE: Industrial BUYER: Bernardo Duran SELLER: Andres Quincoses BROKER: Manny Chamizo III (@MannyChamizo) - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $9,500,000 SF: 39,236 ~ PPSF: $242 NOTE FROM BROKER: As the complexity of commercial real estate deals has increased, so too has the realization that a true professional with an eye on local and macroeconomic trends is needed: "Commercial Deal Engineer". This strategic thinker possesses the mindset and skill set to manage and mitigate risk, engineer cash flows, and collaborate closely with property owners and sellers to boost value of properties and portfolios. Connect with the Well Connected!

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$506,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,751.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,034.85
Annual Debt Service$540,418.16