Austin Burlington Of Compass Represents Buyer In $2,250,000 Land Sale In Miami
3554 William Avenue & 3544 William Avenue
$2,250,000
$214/SF
Building Size
5,250 SF
Asset Type
Land
Closing
Jul 17, 2026
About this deal
AI
The property asset involved in the transaction consists of two land lots located at 3554 & 3544 William Avenue in Miami. The transaction was completed for a total of $2,250,000, covering an area of 10,500 square feet, which equates to approximately $214 per square foot. The asset type is categorized as land.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,250,000
- Square Footage: 10,500
- Price per Square Foot: $214
- Address: 3554 & 3544 William Avenue
- Market: Miami
- Number of Lots: 2
- Buyer's Representative: Austin Burlington - Compass
- Seller's Representative: Edwin Meza
Austin Burlington represented the buyer in this transaction, while Edwin Meza served as the seller's representative. The transaction signifies the collaboration between these individuals in facilitating the sale of the two land lots.
On the Map
$2,250,000
$214/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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93