Ray Shadravan Acquires Retail Property In Little Haiti, Miami For $2.9M
101 Northeast 54th Street, Miami, FL, USA
$2,900,000
$214/SF
Building Size
13,528 SF
Asset Type
Retail
Closing
Jul 28, 2020
About this deal
AI
The retail property located at 101 NE 54 St in Little Haiti, Miami, was recently sold for $2,900,000. The property spans a total area of 13,528 square feet, resulting in a price per square foot of $214. The sale took place on July 28, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,900,000
- Address: 101 NE 54 St, Little Haiti, Miami
- Square Footage: 13,528
- Price per Square Foot: $214
The buyer in this transaction was Ray Shadravan, while Gino Tozzi acted as the seller. Juan Andres Nava from Metro 1 Commercial represented the buyer, and no additional information about the seller's representative was provided.
On the Map
$2,900,000
$214/SF
Retail
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Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93