Updated Oct 8, 2026
Adir Levitas Of Faropoint Acquires Industrial Property In Miami From Dwight Angelini For $12.185M
8150 Northwest 64th Street
$12,185,000
$197/SF
Building Size
61,674 SF
Asset Type
Industrial
Closing
Sep 30, 2026
About this deal
AI
An industrial property located at 8150 Northwest 64th Street in Miami has been sold for a total of $12,185,000. The facility spans 61,674 square feet, resulting in a price per square foot of $198. The transaction was executed on September 30, 2026, indicating the active industrial market in the area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,185,000
- Square Footage: 61,674
- Price per Square Foot: $198
- Buyer: Adir Levitas - Faropoint
- Seller: Dwight Angelini - Longpoint Realty Partners
- Transaction Date: September 30, 2026
Adir Levitas, representing Faropoint, has successfully concluded the acquisition of the industrial property from Dwight Angelini, who is affiliated with Longpoint Realty Partners. This deal highlights the ongoing investment activity within the industrial sector in Miami.
On the Map
$12,185,000
$197/SF
Industrial
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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
1.30%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93