Andrea Posse Purchases Land At 3170 Florida Avenue From Habitus Capital For $3.12M
3170 Florida Avenue
$3,120,000
$436/SF
Building Size
7,150 SF
Asset Type
Land
Closing
Jul 20, 2026
About this deal
AI
The property asset involved in this transaction is a land parcel located at 3170 Florida Avenue in the Miami market. The sale price was $3,120,000, and the asset has a total square footage of 7,150, which translates to a price per square foot of $436.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,120,000
- Address: 3170 Florida Avenue
- Market: Miami
- Square Footage: 7,150
- Price per Square Foot: $436
- Buyer: Andrea Posse
- Seller: Habitus Capital
- Broker: David De Leon - Compass
This transaction was marked by David De Leon's effective representation of both the buyer and seller. He noted the successful nature of the closing, emphasizing the smooth process that was achieved throughout the transaction. The broker indicates a continued interest in the Coconut Grove area, highlighting available opportunities for potential sellers and buyers.
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
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93