SOLDRetail
Abdur Raquib Acquires Retail Property At 2001 Northwest 20th Street For $1.7M
2001 Northwest 20th Street
$1,700,000
$389/SF
Building Size
4,368 SF
Asset Type
Retail
Closing
Oct 7, 2026
About this deal
AI
The retail property located at 2001 Northwest 20th Street in the Allapattah market has a sale price of $1,700,000. The asset comprises 4,368 square feet, resulting in a price per square foot of $389.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,700,000
- Buyer: Abdur Raquib
- Seller: Elein Valdez
- Brokers: Carlos Fausto Miranda, Joshua Jimenez & Rey Moya - Fausto Commercial Realty Consultants
Carlos Fausto Miranda, Joshua Jimenez, and Rey Moya represented the seller, Elein Valdez, in this transaction, facilitating the sale of the retail asset to buyer Abdur Raquib.
On the Map
$1,700,000
$389/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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93