Adam Redolfi Of Alure Capital Represents Buyer In $6.53M Land Sale In Miami
Northwest 24th Street
$6,525,000
$450/SF
Building Size
14,500 SF
Asset Type
Land
Closing
Sep 24, 2026
About this deal
AI
This transaction involves a land asset located at 127-135 NW 24th Street, Miami, FL 33127, within the Miami market. The sale price was $6,525,000, covering a total of 14,500 square feet, resulting in a price per square foot of $450.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $6,525,000
- Address: 127-135 NW 24th Street, Miami, FL 33127
- Market: Miami
- Square Footage: 14,500
- Price Per Square Foot: $450
The buyer was represented by Adam Redolfi from Alure Capital, while the seller was represented by Tony Arellano and Devlin Marinoff from DWNTWN Realty Advisors in this transaction.
On the Map
$6,525,000
$450/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
2.43%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93