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1300 Brickell Bay Drive

Kwon Jin Sells Retail Space At 1300 Brickell Bay Drive For $2,925,000 With STL Commercial
SOLDRetail

Kwon Jin Sells Retail Space At 1300 Brickell Bay Drive For $2,925,000 With STL Commercial

1300 Brickell Bay Drive

$2,925,000

$1,942/SF

Building Size

1,506 SF

Asset Type

Retail

Closing

Apr 2, 2026

AI

The property asset involved in this transaction is located at 1300 Brickell Bay Drive in the Brickell market. This retail asset was sold for $2,925,000, with a total square footage of 1,506 and a price per square foot of $1,942.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,925,000
  • Seller: Kwon Jin
  • Buyer's Representatives: Alex Tsoulfas, Brian Pineiro, and Justin Lee - STL Commercial
  • Square Footage: 1,506
  • Price per Square Foot: $1,942
  • Address: 1300 Brickell Bay Drive
  • Market: Brickell

The deal was facilitated by Alex Tsoulfas, Brian Pineiro, and Justin Lee, who represented the buyer throughout the transaction. Their representation was key in navigating the deal and ensuring a successful closing.

Players

Alexandros Tsoulfas

STL Commercial

Broker

$143.9M

vol

29 deals

Broker

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

5.42%

Cash-on-Cash

-1.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93