facebook
Traded Co logo
Submit

Cesar Cortes Purchases Industrial Asset From David Picciolo In Miami For $2.85M

Property Image
SOLD
$2,850,000
Tony Ulloa
Marcos Macias

Florida

See Similar Deals
Industrial2,502 SF
Sold 09/24/2025
the dealplayerscompscontact
Property Image
SOLD

Cesar Cortes Purchases Industrial Asset From David Picciolo In Miami For $2.85M

2599 Northwest 37th Avenue

See Similar Deals
Industrial2,502 SF
Sold 09/24/2025
Tony Ulloa
Marcos Macias
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$1,139
Total Square Footage:2,502 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial space located at 2599 Northwest 37th Avenue, Miami. The sale price for this asset was $2,850,000, encompassing a total area of 2,502 square feet, which reflects a price per square foot of $1,139.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,850,000
  • Address: 2599 Northwest 37th Avenue
  • Market: Miami
  • Square Footage: 2,502
  • Price Per Square Foot: $1,139
  • Buyer: Cesar Cortes
  • Seller: David Picciolo
  • Brokers: Marcos Macias & Tony Ulloa - The Keyes Company

This transaction was completed on September 24, 2025. The brokers representing both the buyer and seller, Marcos Macias and Tony Ulloa, played a pivotal role in facilitating the deal. They noted that the property is situated steps away from the new Miami Freedom Park and the Miami Intermodal Center.

Players

Tony Ulloa
The Keyes Company
Tony Ulloa
9 deals$79.2M volume
BROKER
Marcos Macias
Upside Partners
Marcos Macias
6 deals$49.2M volume(786) 578-5603
BROKER
The Keyes Company
The Keyes Company
BROKERAGE

Details

SOLD
IMAGE: Tony Ulloa & Marcos Macias DATE: 09/24/2025 ADDRESS: 2599 Northwest 37th Avenue MARKET: Miami ASSET TYPE: Industrial BUYER: Cesar Cortes SELLER: David Picciolo BROKERS: Marcos Macias (@Jmmcre) & Tony Ulloa - The Keyes Company (@KeyesRealtors) SALE PRICE: $2,850,000 SF: 2,502 ~ PPSF: $1,139 NOTE FROM BROKER: JUST CLOSED! Our team represented both buyer & seller on the sale of this amazing property, located steps away from the new Miami Freedom Park and Miami Intermodal Center.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$151,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,125.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,510.45
Annual Debt Service$162,125.45