Mario Montoya Purchases Industrial Property From Javier Zayas For $3.45 Million In Miami
830 Northwest 22nd Street & 840 Northwest 22nd Street
$3,450,000
$436/SF
Building Size
7,900 SF
Asset Type
Industrial
Closing
May 14, 2026
AI
The asset involved in the transaction is an industrial property located at 830 Northwest 22nd Street and 840 Northwest 22nd Street in Miami. The sale price for this property was $3,450,000, and it encompasses a total square footage of 7,900, resulting in a price per square foot of $436.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,450,000
- Square Footage: 7,900
- Price Per Square Foot: $436
- Buyer: Mario Montoya
- Seller: Javier Zayas
- Seller's Representative: Jonathan Eismann - Gridline Properties
- Date of Sale: 05/15/2026
- Market: Miami
The transaction was facilitated by Jonathan Eismann of Gridline Properties, who represented the seller, Javier Zayas, in the sale to buyer Mario Montoya. The closing date of the transaction was on May 15, 2026.
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
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93