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Carlos J. Canal Purchases Retail Property At 1801 West Flagler Street For $1.125M

Property Image
SOLD
$1,125,000
Eduardo "Eddie" Toledo
Alessandro Lima
+ 1

Florida

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Retail3,780 SF
Sold 01/21/2025
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Property Image
SOLD

Carlos J. Canal Purchases Retail Property At 1801 West Flagler Street For $1.125M

1801 West Flagler Street

See Similar Deals
Retail3,780 SF
Sold 01/21/2025
Eduardo "Eddie" Toledo
Alessandro Lima
+ 1
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$297
Total Square Footage:3,780 SF
Transaction Type:Sale

The property asset involved in this transaction is located at 1801 West Flagler Street in the Miami market. This retail asset features a sale price of $1,125,000 and encompasses an area of 3,780 square feet, yielding a price per square foot of $297.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,125,000
  • Address: 1801 West Flagler Street
  • Market: Miami
  • Square Footage: 3,780
  • Price per Square Foot: $297
  • Buyer: Carlos J. Canal
  • Seller: Alexander Fox
  • Buyer's Representative: Alessandro Lima - Fausto Commercial Realty Consultants
  • Seller's Representatives: Jonathan De La Rosa, Eduardo Toledo & Nicholas Hassan - Marcus & Millichap

The transaction involved key individuals such as the buyer, Carlos J. Canal and the seller, Alexander Fox. The representatives for the buyer from Fausto Commercial Realty Consultants included Alessandro Lima, while the seller was represented by Jonathan De La Rosa, Eduardo Toledo, and Nicholas Hassan from Marcus & Millichap.

Players

Alessandro Lima
28 deals$105M volume(305) 281-4469
BROKER

Alessandro Lima
Compass
28 deals$105M volume(305) 281-4469
BROKER

Jonathan De La Rosa
Marcus & Millichap
141 deals$628.7M volume(786) 522-7027
BROKER

Eduardo "Eddie" Toledo
Marcus & Millichap
70 deals$346.7M volume(786) 522-7047
BROKER

Nicholas Hassan
Marcus & Millichap
8 deals$25.2M volume(786) 522-7078
BROKER

Fausto Commercial Realty Consultants
BROKERAGE

Details

SOLD
IMAGE: Nicholas Hassan, Jonathan De La Rosa, Alessandro Lima & Eduardo Toledo DATE: 01/21/2025 ADDRESS: 1801 West Flagler Street MARKET: Miami ASSET TYPE: Retail BUYER: Carlos J. Canal SELLER: Alexander Fox BUYER'S REP: Alessandro Lima (@AlessandroLimarealestate) - Fausto Commercial Realty Consultants (@FaustoCommercial) SELLER'S REP: Jonathan De La Rosa (@J_DLR_), Eduardo Toledo (@EdToledo) & Nicholas Hassan - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $1,125,000 SF: 3,780 ~ PPSF: $297

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$60,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
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