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14180 Northwest 77th Court

SOLDLand

Public Storage Acquires Land In Miami Lakes From John Coscuella For $5.1 Million

14180 Northwest 77th Court

$5,100,000

$63/SF

Building Size

80,150 SF

Asset Type

Land

Closing

Aug 7, 2026

AI

The asset involved in this transaction is a development site located at 14180 Northwest 77th Court in Miami Lakes. The sale price was $5,100,000, encompassing a total square footage of approximately 80,150, translating to a price per square foot of $63.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $5,100,000
  • Buyer: Public Storage
  • Seller: John Coscuella
  • Brokers: Adam H. Klein & Elon Gerberg -Vision Real Estate Advisors 
  • Market: Miami Lakes
  • Sale Date: 08/07/2026
Adam H. Klein and Elon Gerberg from Vision Real Estate Advisors facilitated this transaction, successfully navigating a competitive bidding environment. The site is noted to be one of the last remaining parcels available for development in the submarket, which reflects the high demand for such properties. The buyer plans to develop a flagship 180,000 SF self-storage facility at this location.

Players

Adam H. Klein

Vision Real Estate Advisors

Broker

$145.1M

vol

42 deals

Broker
PS
Public StorageBuyer

John Coscuella

Seller

$5.1M

vol

1 deal

Seller

Hialeah Gardens 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

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93