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.
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