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115 Southeast 1st Street

Moishe Mana Purchases Land In Miami From Manfred Ecker For $5.5 Million
SOLDLand

Moishe Mana Purchases Land In Miami From Manfred Ecker For $5.5 Million

115 Southeast 1st Street

$5,500,000

$470/SF

Building Size

11,700 SF

Asset Type

Land

Closing

Aug 12, 2026

AI

The property asset involved in this transaction is land located at 115 Southeast 1st Street in the Miami market. The sale price of the property was $5,500,000, with a total square footage of 11,700, translating to a price per square foot of $470.

Summary of transaction details:

The key individuals involved in this transaction include the buyer, Moishe Mana, and the seller, Manfred Ecker. The transaction was facilitated by brokers Mika Mattingly, Cecilia Estevez, and Bradley Arendt, all representing Colliers in the deal.

Players

Mika Mattingly

Colliers

Broker

$567.6M

vol

38 deals

Broker
Moishe Mana

Moishe Mana

Buyer

$976.9M

vol

34 deals

Buyer

Manfred Ecker

Seller

$5.5M

vol

1 deal

Seller

Miami Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93