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2111 Northwest 10th Avenue

Chariff Realty Group Brokers Sale Of Retail Asset At 2111 Northwest 10th Avenue For $1.425M
SOLDRetail

Chariff Realty Group Brokers Sale Of Retail Asset At 2111 Northwest 10th Avenue For $1.425M

2111 Northwest 10th Avenue

$1,425,000

$360/SF

Building Size

3,954 SF

Asset Type

Retail

Closing

May 14, 2025

AI

A 3,954 square foot building on an 8,300 square foot lot located at 2111 Northwest 10th Avenue in Miami’s Allapattah neighborhood has been sold for $1,425,000. The property is categorized as retail and the transaction was completed on May 14, 2025.

Summary of transaction details:

Lyle Chariff, Mauricio Zapata, and Luis Guevara of Chariff Realty Group were instrumental in brokering the deal, facilitating the successful transfer of ownership of this retail property. Their combined expertise played a significant role in the transaction within the Miami market.

Players

Mauricio Zapata

Chariff Realty Group

Broker

$61.5M

vol

34 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

11.13%

Cash-on-Cash

-3.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93