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2395 Northwest 7th Street

Alexander Alejo Sells Retail Asset At 2395 Northwest 7th Street Miami For $3.5M
SOLDRetail

Alexander Alejo Sells Retail Asset At 2395 Northwest 7th Street Miami For $3.5M

2395 Northwest 7th Street

$3,500,000

$900/SF

Building Size

3,885 SF

Asset Type

Retail

Closing

Jun 3, 2025

AI

A retail property located at 2395 Northwest 7th Street in Miami has been sold for $3,500,000. The asset spans 3,885 square feet and occupies a 25,160 square foot lot, offering strong redevelopment potential. The sale emphasizes the prime central location of the building, which was previously operating as a school.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,500,000
  • Square Footage: 3,885 SF
  • Price Per Square Foot: $900
  • Address: 2395 Northwest 7th Street, Miami, FL 33125
  • Seller: Alexander Alejo
  • Buyer's Representative: Joseph Suarez & Andres Villarreal - Trustpoint Realty
  • Seller's Representative: Julianna Castro - Compass

This transaction highlights the collaboration between Trustpoint Realty and Compass in successfully closing the deal. The brokers utilized established relationships and market knowledge to facilitate the sale, showcasing their expertise in handling unique assets in the Miami area.

Players

Julianna Castro

Compass

Broker

$96.1M

vol

15 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93