Rowan Steele Purchases Land From Ronan Pierce In Miami For $2,275,000
Folio:30-5921-023-0150, 33196
$2,275,000
Lot Size
30,879 SF
Asset Type
Land
Closing
Oct 15, 2025
About this deal
AI
The asset involved in this transaction is a piece of land located in Miami, identified by the Folio number 30-5921-023-0150. The property was sold for a total price of $2,275,000.00.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,275,000.00
- Buyer: Rowan Steele
- Seller: Ronan Pierce
- Market: Miami
- Broker Representatives: Arthur Porosoff, Alessandro Lima (Compass)
In this transaction, the key individuals involved include the buyer Rowan Steele and the seller Ronan Pierce, with broker representatives Arthur Porosoff and Alessandro Lima from Compass facilitating the deal.
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
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93