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
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.
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