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4075 Southwest 83rd Avenue

Ivan Alvarez Purchases Office At 4075 Southwest 83rd Avenue Miami For $4.825M With Brokers Lismay Jong And Bryan Gorrita
SOLDOffice

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

Bryan Gorrita

The Canero Group

Broker

$11M

vol

1 deal

Broker

Ivan Alvarez

Buyer

$4.8M

vol

1 deal

Buyer

Juan Diaz-Padron

Seller

$4.8M

vol

1 deal

Seller

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