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8127 Northwest 29th Street

Ricardo Tovar Purchases Industrial Property From Dan Mammolito In Doral For $1,625,000
SOLDIndustrial

Ricardo Tovar Purchases Industrial Property From Dan Mammolito In Doral For $1,625,000

8127 Northwest 29th Street

$1,625,000

$325/SF

Building Size

5,000 SF

Asset Type

Industrial

Closing

Jun 26, 2026

AI

The property asset involved in this transaction is an industrial facility located at 8127 Northwest 29th Street in the Doral market. The sale price for the property was $1,625,000, with a square footage of 5,000, resulting in a price per square foot of $325.

Summary of transaction details:

This transaction involved Chabeli Castillo from Liberty Commercial Realty representing the seller, Dan Mammolito, in the sale to buyer Ricardo Tovar. The broker emphasized that commercial real estate is centered around relationships, strategy, and execution, encouraging collaboration for growth and closing more deals.

Players

Chabeli Castillo

Liberty Commercial Realty

Broker

$19.9M

vol

7 deals

Broker

Ricardo Tovar

Buyer

$1.6M

vol

1 deal

Buyer

Dan Mammolito

Seller

$1.6M

vol

1 deal

Seller

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.76%

Cash-on-Cash

-2.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93