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2007 SW 8th St, Miami, FL 3...

Updated Oct 29, 2024

Ceeport Group LLC Acquires Retail Property In Little Havana For $1.1M
SOLDRetail

Ceeport Group LLC Acquires Retail Property In Little Havana For $1.1M

2007 SW 8th St, Miami, FL 33135, USA

$1,100,000

$632/SF

Building Size

1,738 SF

Asset Type

Retail

Closing

Mar 24, 2020

About this deal

AI

The retail property located at 2007 SW 8th St in Little Havana was sold in a closed transaction. The buyer, Ceeport Group LLC, was represented by Sasha A. Torres, Tom Koufopoulos, and Katherine Rajsich. The seller, Wajay Havana LLC, completed the transaction with a sale price of $1,100,000. The property spans 1,738 square feet, resulting in a price per square foot of $632.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,100,000
  • Buyer: Ceeport Group LLC - Sasha A. Torres, Tom Koufopoulos & Katherine Rajsich
  • Seller: Wajay Havana LLC - Miriam Fuller
  • Address: 2007 SW 8th St
  • Market: Little Havana

The Ceeport Group LLC, along with their representatives Sasha A. Torres, Tom Koufopoulos, and Katherine Rajsich, purchased the retail property from Wajay Havana LLC, represented by Miriam Fuller. This closed transaction highlights the successful sale of the property in Little Havana.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$672.6M

vol

148 deals

Broker

Miami Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $632 per square foot on a published $1.1M for 1,738 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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