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
About this deal
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:
- Property Type: Retail
- Transaction Amount: $1,425,000
- Square Footage: 3,954 SF
- Price Per Square Foot: $360
- Address: 2111 Northwest 10th Avenue
- Market: Miami
- Brokers: Luis Guevara, Lyle Chariff & Mauricio Zapata - Chariff Realty Group
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.
On the Map
$1,425,000
$360/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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93