Five Points Retail LLC Acquires Retail Property In Miami For $3.3 Million From FI Real Estate

A retail property featuring a two-story building constructed in 1947 is located at 2223 Southwest 13th Avenue in Miami, FL. The property spans 4,912 square feet on a site of 0.07 acres and was acquired for a total of $3,300,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,300,000
• Buyer: Five Points Retail LLC
• Seller: FI Real Estate
• Broker: Vladimir Golik - KW Commercial
• Lender: Terrabank
• Loan Amount: $1,200,000
• Year Built: 1947
• Square Footage: 4,912 SF
• Price Per Square Foot: $672

Five Points Retail LLC, an entity associated with Manuel R. Seage, executed the purchase of the property from FI Real Estate, facilitated by broker Vladimir Golik from KW Commercial. The financing for this acquisition was secured with a loan from Terrabank.