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2036 Southwest 1st Street

Elvis Mons Purchases Office In Miami From Kambiz Hassanzadeh For $1.7M With Brokers Mercy Gomez And Alessandro Lima
SOLDOffice

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

Alessandro Lima

Compass

Broker

$105M

vol

28 deals

Broker
Compass
CompassBrokerage

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