Ronald Ruiz Purchases Office Property From Ralph Rios Near Miami Executive Airport For $3.5M
13250 Southwest 135th Avenue
$3,500,000
$569/SF
Building Size
6,148 SF
Asset Type
Office
Closing
Mar 19, 2026
About this deal
AI
This commercial office property, located at 13250 Southwest 135th Avenue in Miami, has been sold for $3,500,000. The asset encompasses 6,148 square feet and is positioned in a high-growth corridor adjacent to the Miami Executive Airport.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,500,000
- Square Footage: 6,148
- Price Per Square Foot: $569
- Buyer: Ronald Ruiz
- Seller: Ralph Rios
- Broker: Ileana Rodriguez - RE/MAX Advance Realty
Ileana Rodriguez, the Broker-Associate with RE/MAX Advance Realty representing the seller, successfully closed this transaction by securing a buyer who appreciated the property’s potential for expansion with adjacent land permitted for an additional building. Rodriguez highlighted the strategic acquisition opportunity that aligns with the buyer’s growth plans.
On the Map
$3,500,000
$569/SF
Office
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Players
Miami Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93