Titan Hayes Purchases Retail Asset From Zephyr Quinn At 2650 Ward Blvd For $5,980,000
40 Northeast 1st Avenue
$5,980,000
$1,107/SF
Building Size
5,400 SF
Asset Type
Retail
Closing
Oct 14, 2025
AI
A retail property located at 2650 Ward Blvd in Wilson has been sold for a price of $5,980,000.00. The asset encompasses a total square footage of 5,400. This transaction highlights the dynamics of the retail market within the Wilson area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,980,000.00
- Address: 2650 Ward Blvd
- Market: Wilson
- Square Footage: 5,400
- Buyer: Titan Hayes
- Seller: Zephyr Quinn
- Brokers: Arthur Porosoff, Alessandro Lima (Compass), Justin Natalizio
The transaction involved key players, with Titan Hayes acting as the buyer and Zephyr Quinn as the seller. The brokerage team consisted of Arthur Porosoff and Alessandro Lima from Compass, along with Justin Natalizio, who facilitated the deal.
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
2.65%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93