RE/MAX360 Miami Real Estate Represents Sale Of Land In Miami For $7,500,000
2940 Oak Avenue
$7,500,000
Building Size
—
Asset Type
Land
Closing
Oct 1, 2026
About this deal
AI
The property involved in the transaction is land located on Avenue in Miami. The land was sold for a total price of $7,500,000.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $7,500,000
- Market: Miami
- Broker: RE/MAX360 Miami Real Estate
The key individuals involved in the transaction include Mike Figueredo, Henry Figueredo, and Agustin Duarte. Their roles contribute to the overall execution of the sale, showcasing their involvement in the deal's facilitation and negotiation process.
The land sale at 2940 Oak Avenue in Miami, Florida sold for $7.5M in 2026. 2940 Oak Avenue is classified as Land on Traded. Named participants on the 2940 Oak Avenue sale are Agustin Duarte, Martin Muniz, Jose Boschetti, Henry Figueredo. This page is the Miami, Florida file for the 2940 Oak Avenue land sold: pricing, party profiles, and other closed land comps from the same Miami sit in the Market section below. Filter that Miami land set by closing date to see what else sold near 2940 Oak Avenue around 2026. Published consideration for 2940 Oak Avenue is $7.5M, dated 2026. Cite this RE/MAX360 Miami Real Estate Represents Sale Of Land In Miami For $7,500,000 sale when underwriting similar land product around Miami, Florida.
On the Map
$7,500,000
Land
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Players
Miami Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Deal FAQ
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93