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
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93