Retail Space At 2811 South Bayshore Drive Sold For $8.7M With Buyer’s Rep Lisa Sayfie & Audrey Ross
2811 South Bayshore Drive
$8,700,000
$2,679/SF
Building Size
3,247 SF
Asset Type
Retail
Closing
Sep 29, 2026
About this deal
AI
A retail property located at 2811 South Bayshore Drive 6A in Miami has been sold for $8,700,000. The property encompasses a total area of 3,247 square feet, yielding a price per square foot of approximately $2,679.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,700,000
- Address: 2811 South Bayshore Drive 6A
- Market: Miami
- Square Footage: 3,247
- Price per Square Foot: $2,679
- Buyer's Representative: Lisa Sayfie & Audrey Ross - Compass
- Seller's Representative: Jill Hertzberg & Lisa Newman - The Jills Zeder Group - Coldwell Banker
This transaction involved key representatives from both the buyer and seller sides, with Lisa Sayfie and Audrey Ross representing the buyer from Compass, while the seller was represented by Jill Hertzberg and Lisa Newman from The Jills Zeder Group - Coldwell Banker.
On the Map
$8,700,000
$2,679/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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93