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4770 Biscayne Boulevard

Carlos Rivera-Serrano Purchases Office Units At 4770 Biscayne Boulevard For $1.45M With Seller's Rep Alex Tsoulfas & Brian Pineiro
SOLDOffice

Carlos Rivera-Serrano Purchases Office Units At 4770 Biscayne Boulevard For $1.45M With Seller's Rep Alex Tsoulfas & Brian Pineiro

4770 Biscayne Boulevard

$1,450,000

$344/SF

Building Size

4,207 SF

Asset Type

Office

Closing

Mar 31, 2026

AI

The property asset involved in this transaction is an office space located at 4770 Biscayne Boulevard, Units 800, 810 & 820 in Miami. The transaction concluded at a sale price of $1,450,000, comprising three units with a total square footage of 4,207. The price per unit is $483,333, while the price per square foot is $344.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,450,000
  • Address: 4770 Biscayne Boulevard, Units 800, 810 & 820
  • Market: Miami
  • Units: 3
  • PPU: $483,333
  • SF: 4,207
  • PPSF: $344
  • Buyer: Carlos Rivera-Serrano
  • Seller: Rene Padilla
  • Seller's Rep: Alex Tsoulfas & Brian Pineiro - STL Commercial

Key individuals involved in this transaction include the buyer, Carlos Rivera-Serrano, and the seller, Rene Padilla. The seller's representatives for this deal are Alex Tsoulfas and Brian Pineiro from STL Commercial, who facilitated the transaction process.

Players

Alexandros Tsoulfas

STL Commercial

Broker

$143.9M

vol

29 deals

Broker

Carlos Rivera-Serrano

Buyer

$1.5M

vol

1 deal

Buyer

Rene Padilla

Seller

$1.5M

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

10.94%

Cash-on-Cash

-3.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93