facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Office

/

Sale

/

3250 Mary Street

Azora Capital & Vizcaya Capital Sell Office Asset At 3250 Mary Street For $62.3M
SOLDOffice

Azora Capital & Vizcaya Capital Sell Office Asset At 3250 Mary Street For $62.3M

3250 Mary Street

$70,000,000

$875/SF

Building Size

80,000 SF

Asset Type

Office

Closing

Aug 14, 2026

AI

The property asset involved in the transaction is an office building located at 3250 Mary Street in the Miami market. The property was sold for a total amount of $62,300,000, encompassing an area of 80,000 square feet, which equates to a price per square foot of $779.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $62,300,000
  • Address: 3250 Mary Street
  • Market: Miami
  • Square Footage: 80,000
  • Price per Square Foot: $779
  • Seller: Azora Capital & Vizcaya Capital
  • Seller's Representative: Omar Morales & Jaret Turkell - Berkadia

Omar Morales and Jaret Turkell represented the sellers, Azora Capital and Vizcaya Capital, in this transaction, facilitating the sale of the office asset located at 3250 Mary Street.

Players

Jaret Turkell

Berkadia

Broker

$3.2B

vol

49 deals

Broker
Vizcaya Capital
Vizcaya CapitalSeller

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

0.23%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93