SDG Biscayne LLC Purchases Retail Property From David Yassky On Biscayne Boulevard For $10M
11375 Biscayne Boulevard
$10,000,000
$2,828/SF
Building Size
3,535 SF
Asset Type
Retail
Closing
Sep 5, 2025
About this deal
AI
SDG Biscayne LLC has acquired a retail property located at 11375 Biscayne Boulevard in Biscayne Park. The property was sold for $10 million, encompassing a total area of 3,535 square feet, which translates to approximately $2,829 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,000,000
- Address: 11375 Biscayne Boulevard
- Market: Biscayne Park
- Square Footage: 3,535
- Price per Square Foot: $2,829
- Buyer: SDG Biscayne LLC
- Seller: David Yassky
- Transaction Date: 09/05/2025
David Yassky represented the seller in this transaction, facilitating the sale to SDG Biscayne LLC, who has now taken ownership of the property on Biscayne Boulevard.
On the Map
$10,000,000
$2,828/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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93