Office Building In Miami Sold For $2.09M Represented By Agustin Duarte And Frank Alexander Garcia
SOLD
$2,090,000
Florida
See Similar DealsOffice2,828 SF
Sold 03/13/2026
SOLD
Office Building In Miami Sold For $2.09M Represented By Agustin Duarte And Frank Alexander Garcia
9875 Southwest 72nd Street
See Similar DealsOffice2,828 SF
Sold 03/13/2026
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$739
Total Square Footage:2,828 SF
Transaction Type:Sale
The property asset involved in this transaction is an office located at 9875 Southwest 72nd Street in Miami. It was sold for a price of $2,090,000. The office has a total area of 2,828 square feet, resulting in a price per square foot of $739.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,090,000
- Address: 9875 Southwest 72nd Street
- Market: Miami
- Square Footage: 2,828
- Price Per Square Foot: $739
The key individuals involved in the deal include brokers Agustin Duarte and Frank Alexander Garcia from REMAX 360 Real Estate, along with Frank Rodriguez from Miami Metro Realty, LLC. They played instrumental roles in facilitating the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$111,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,425.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,907.67
Annual Debt Service$118,892.00
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