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6588 North Military Trail

Jim Finck Acquires Flex Building In Riviera Beach For $3.75M With Seller's Reps Max Loria & David Richman
SOLDMixed-use

Jim Finck Acquires Flex Building In Riviera Beach For $3.75M With Seller's Reps Max Loria & David Richman

6588 North Military Trail

$3,748,000

$194/SF

Building Size

19,270 SF

Asset Type

Mixed-use

Closing

Aug 27, 2025

AI

The property involved in this transaction is a flex building located at 6588 North Military Trail in Riviera Beach. The sale price was $3,748,000, and the asset has a total area of 19,270 square feet, equating to a price per square foot of $194.

Summary of transaction details:

  • Property Type: Flex Building
  • Transaction Amount: $3,748,000
  • Address: 6588 North Military Trail
  • Market: Riviera Beach
  • Square Footage: 19,270
  • Price Per Square Foot: $194
  • Buyer: Jim Finck
  • Seller's Representative: Max Loria & David Richman - STL Commercial

The individuals involved in this deal include Jim Finck, who acted as the buyer, and the seller's representatives, Max Loria and David Richman from STL Commercial. Their role was critical in the transaction process, facilitating the connection between the buyer and seller.

Players

Max Loria

STL Commercial

Broker

$143.5M

vol

29 deals

Broker
 STL Commercial
STL CommercialBrokerage

West Palm Beach Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93