SOLDOffice
Luis Garcia Of LEGO Construction Co Purchases Office Building From LaTonda James For $3.1M
300 Northwest 12th Avenue
$3,100,000
$265/SF
Building Size
11,660 SF
Asset Type
Office
Closing
Jun 30, 2026
AI
An 11,660-square-foot office building located at 300 Northwest 12th Avenue in Miami has been sold for $3,100,000. The property was purchased at a price of $266 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,100,000
- Buyer: Luis Garcia - LEGO Construction Co
- Seller: LaTonda James
- Square Footage: 11,660
- Price Per Square Foot: $266
LaTonda James has completed the sale of the office building, marking a key transaction in the Miami market. Luis Garcia is the representative for LEGO Construction Co in this deal.
Miami Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93