Margarita & Alejandro Pasos Acquire Office Property In Miami For $4.6M With Buyer’s Rep Roberto Pereira
3001 Southwest 28th Lane
$4,600,000
$644/SF
Building Size
7,134 SF
Asset Type
Office
Closing
Apr 18, 2025
AI
The property involved in this transaction is an office asset located at 3001 Southwest 28th Lane in Miami. The sale price was set at $4,600,000 for a total of 7,134 square feet, resulting in a price per square foot of $644. This transaction reflects a historic price per square foot in the current market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,600,000
- Address: 3001 Southwest 28th Lane
- Market: Miami
- Buyer: Margarita & Alejandro Pasos
- Seller: Francisco Ricote
- Buyer's Representative: Roberto Pereira - Remax Advance Realty II
- Seller's Representatives: Adriano Salucci & Alexander Reyes - APEX Capital Realty
- Attorney: David Djebelli - Law Offices of David Djebelli, P.A
- Square Footage: 7,134
- Price per Square Foot: $644
Roberto Pereira represented the buyers in this transaction, while Adriano Salucci and Alexander Reyes represented the seller. The involvement of David Djebelli as the attorney provided legal support throughout the transaction process.
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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93