Elvis Mons Purchases Office In Miami From Kambiz Hassanzadeh For $1.7M With Brokers Mercy Gomez And Alessandro Lima
2036 Southwest 1st Street
$1,700,000
$641/SF
Building Size
2,650 SF
Asset Type
Office
Closing
Aug 17, 2025
AI
The property asset involved in the transaction is an office located at 2036 Southwest 1st Street in the Miami market. The sale was completed for a price of $1,700,000 and encompasses a total area of 2,650 square feet, resulting in a price per square foot of $641.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,700,000
- Address: 2036 Southwest 1st Street
- Market: Miami
- Square Footage: 2,650
- Price per Square Foot: $641
- Buyer: Elvis Mons
- Seller: Kambiz Hassanzadeh
- Buyer's Representative: Mercy Gomez - Meridian Capital Group
- Seller's Representative: Alessandro Lima - Compass
Mercy Gomez represented the buyer, Elvis Mons, while Alessandro Lima represented the seller, Kambiz Hassanzadeh, in this transaction. Their involvement highlights the collaborative effort of the brokerage teams in facilitating the sale of the office property.
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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93