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85 Northeast 27th Street

Mixed-Use Property At 85 Northeast 27th Street Sold For $14.5 Million In Miami
SOLDMixed-use

Mixed-Use Property At 85 Northeast 27th Street Sold For $14.5 Million In Miami

85 Northeast 27th Street

$14,500,000

$626/SF

Building Size

23,151 SF

Asset Type

Mixed-use

Closing

May 21, 2026

AI

The property located at 85 Northeast 27th Street in Miami is a mixed-use asset that recently sold for $14,500,000. It encompasses a total square footage of 23,151, resulting in a price per square foot of $626.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $14,500,000
  • Square Footage: 23,151
  • Price Per Square Foot: $626
  • Address: 85 Northeast 27th Street
  • Market: Miami
  • Seller's Representatives: Tony Arellano & Devlin Marinoff - DWNTWN Realty Advisors

The deal was facilitated by the seller's representatives, Tony Arellano and Devlin Marinoff, who are associated with DWNTWN Realty Advisors. Their expertise contributed to the successful transaction in the Miami market.

Players

Tony Arellano
Verified Badge

Tony Arellano

DWNTWN Realty Advisors

Broker

$1.6B

vol

153 deals

Broker

Miami 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

1.09%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93