Miami Mixed Use Construction Loan For 35 Million On 85725 SF Asset
$34,700,000
$404/SF
Building Size
85,725 SF
Asset Type
Mixed-use
Closing
Aug 3, 2025
AI
The property asset is a mixed-use development located in Miami, featuring a total square footage of 85,725, which includes 2,548 square feet of commercial space. The transaction involved a construction loan amounting to $35,000,000.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $35,000,000
- Market: Miami
- Asset Size: 85,725 SF
- Commercial Space: 2,548 SF
The brokers representing the deal are Pier Barinci, Max La Cava, Michael Romero, and Abbie Kushner from JLL, who facilitated the transaction in the Miami market.
Players
Hialeah Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93