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
About this deal
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:
- Property Type: Land
- Transaction Amount: $5,500,000
- Address: 115 Southeast 1st Street
- Market: Miami
- Square Footage: 11,700
- Price Per Square Foot: $470
- Buyer: Moishe Mana
- Seller: Manfred Ecker
- Brokers: Mika Mattingly, Cecilia Estevez & Bradley Arendt - Colliers
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.
On the Map
$5,500,000
$470/SF
Land
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Players
Miami Land Market Snapshot
Boundary boundary · Land · Sale transactions
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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