Updated Feb 12, 2026
Maria Valencia Purchases Industrial Property From David Pranckevicius For $3.79M In Medley
6535 Northwest 84th Avenue
$3,793,921
$350/SF
Building Size
10,839 SF
Asset Type
Industrial
Closing
Feb 1, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 6535 Northwest 84th Avenue in Medley. The sale price for the property was $3,793,921, with a total square footage of 10,839 and a price per square foot of $350.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,793,921
- Address: 6535 Northwest 84th Avenue
- Market: Medley
- Square Footage: 10,839
- Price Per Square Foot: $350
- Buyer: Maria Valencia
- Seller: David Pranckevicius
- Broker: Louis Erice - Keller Williams Realty
This transaction showcases the involvement of broker Louis Erice, who represented the sale, facilitating the deal between buyer Maria Valencia and seller David Pranckevicius. The successful completion reflects the collaborative efforts in the industrial real estate market.
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
4.18%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93