Ivan Alvarez Purchases Office At 4075 Southwest 83rd Avenue Miami For $4.825M With Brokers Lismay Jong And Bryan Gorrita
4075 Southwest 83rd Avenue
$4,825,000
$338/SF
Building Size
14,256 SF
Asset Type
Office
Closing
Jul 15, 2026
AI
The asset involved in this transaction is an office property located at 4075 Southwest 83rd Avenue in Miami. The sale was executed for a total price of $4,825,000, with a square footage of 14,256 and a price per square foot of $338.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,825,000
- Address: 4075 Southwest 83rd Avenue
- Market: Miami
- Square Footage: 14,256
- Price Per Square Foot: $338
- Buyer: Ivan Alvarez
- Seller: Juan Diaz-Padron
- Broker Representing Buyer: Lismay Jong - Portal Team
- Broker Representing Seller: Bryan Gorrita - The Canero Group
- Title Company: Title Answers
The transaction featured Ivan Alvarez as the buyer and Juan Diaz-Padron as the seller. Lismay Jong from Portal Team represented the buyer, while Bryan Gorrita from The Canero Group represented the seller in this deal.
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
3.29%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93