Ingrid Andres Of Exclusively Yours Realty Represents Buyer In $3.2M Miami Development Site Sale
1901 Northwest 7th Street
$3,200,000
$300/SF
Building Size
10,638 SF
Asset Type
Package Deal
Closing
May 27, 2026
AI
Located at 1901 Northwest 7th Street in the Miami market, this development site encompasses a total area of 25,692 square feet. The property has been sold for a sum of $3,200,000, translating to a price per lot square foot of $125.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,200,000
- Lot Size: 25,692 sqft
- Buyer's Representative: Ingrid Andres - Exclusively Yours Realty
- Seller's Representative: Julie Brito - Dalton Wade
The deal includes 2 vacant lots along with 2 existing buildings. This transaction highlights the collaboration between Ingrid Andres and Julie Brito, representing the buyer and seller, respectively.
Players
Miami Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93