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3170 Florida Avenue

Updated Aug 4, 2026

Andrea Posse Purchases Land At 3170 Florida Avenue From Habitus Capital For $3.12M
SOLDLand

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

David De Leon

Compass

Broker

$33.8M

vol

3 deals

Broker

Miami Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Deal FAQ

About $436 per square foot on a published $3.1M for 7,150 square feet (2026).

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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

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