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14695 Southwest 216th Street

Updated Sep 3, 2026

Maximo Alvarez Purchases Property In Miami For $5.5M With Broker Bobby Berrido CCIM
SOLDOther

Maximo Alvarez Purchases Property In Miami For $5.5M With Broker Bobby Berrido CCIM

14695 Southwest 216th Street

$5,500,000

$1,407/SF

Building Size

3,908 SF

Asset Type

Other

Closing

Aug 27, 2026

About this deal

AI

This transaction involves the sale of a property located at 14695 Southwest 216th Street in Miami. The asset is categorized as 'Other' and was sold for a total price of $5,500,000. The property encompasses a total square footage of 3,908, making the price per square foot approximately $1,407.

Summary of transaction details:

Key individuals in this transaction include the buyer Maximo Alvarez and the seller Francesco Vergani, both pivotal to the property's exchange. The broker representing the seller in this deal was Bobby Berrido, CCIM from Fausto Commercial Realty Consultants, facilitating the negotiation and closing of the transaction.

Players

Bobby Berrido, CCIM

Fausto Commercial Realty Consultants

Broker

$107.3M

vol

23 deals

Broker

Maximo Alvarez

Buyer

$21.9M

vol

4 deals

Buyer

Francesco Vergani

Seller

$5.5M

vol

1 deal

Seller

Miami Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $5.5M for 3,908 square feet (2026).

Visit Bobby Berrido, CCIM to view all their deals.

Browse Miami other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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