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14601 Southwest 29th Street

Jiyen Shin Acquires Office Property In Miramar For $6.17M With Broker Max Lescano & Patrick Salata
SOLDOffice

Jiyen Shin Acquires Office Property In Miramar For $6.17M With Broker Max Lescano & Patrick Salata

14601 Southwest 29th Street

$6,166,782

$391/SF

Building Size

15,772 SF

Asset Type

Office

Closing

Dec 22, 2025

AI

The asset involved in this transaction is an office property located at 14601 Southwest 29th Street in the Miramar market. The property was sold for a total price of $6,166,782, translating to a square footage of 15,772, which means a price per square foot of $390.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $6,166,782
  • Address: 14601 Southwest 29th Street
  • Market: Miramar
  • Square Footage: 15,772
  • Price per Square Foot: $390
  • Buyer: Jiyen Shin
  • Broker: Max Lescano & Patrick Salata - JLL

Max Lescano and Patrick Salata represented Jiyen Shin in this transaction, facilitating the purchase of the property. Their involvement highlights the crucial roles brokers play in navigating complex real estate deals and ensuring successful outcomes for their clients.

Players

Max Lescano

JLL

Broker

$982.9M

vol

10 deals

Broker

Davie 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

2.57%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93