Andres Barrero Acquires Office Building From Willie Taylor In West Little River For $750,000
5621 Northwest 7th Avenue
$750,000
$441/SF
Building Size
1,700 SF
Asset Type
Office
Closing
Mar 20, 2026
AI
The property asset involved in the transaction is an office located at 5621 Northwest 7th Avenue, in the West Little River market. The sale price for this asset was $750,000, and it encompasses a total square footage of 1,700, equating to a price per square foot of $441.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $750,000
- Buyer: Andres Barrero
- Seller: Willie Taylor
- Broker: Andrew Dixon - DWNTWN Realty Advisors
- Sale Date: 03/20/2026
- Square Footage: 1,700
- Price per Square Foot: $441
Andrew Dixon of DWNTWN Realty Advisors facilitated the sale process while addressing the outstanding 40-year certification related to the property, ensuring a smooth transaction for both the buyer and the seller.
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
21.15%
Cash-on-Cash
-6.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93