Javier Carbonell Acquires Retail Property From Abdulsalem Musem In Miami For $1.575M

A retail property located at 336 Northwest 12th Avenue in Miami has been sold for $1,575,000. The asset spans 4,800 square feet and is situated on a 0.23-acre lot. This single-story building, constructed in 1936, operates under the zoning classification T6-8-O.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,575,000
• Buyer: Javier Carbonell
• Seller: Abdulsalem Musem
• Broker: Christopher Carbonell - Fausto Commercial Realty Consultants
• Square Footage: 4,800
• Price per Square Foot: $328
• Financing: $1.08 million loan from First American Bank
• Acres: 0.23
• Construction Year: 1936
• Zoning: T6-8-O

Christopher Carbonell from Fausto Commercial Realty Consultants represented the seller, Abdulsalem Musem, in this transaction. Javier Carbonell, the buyer, has successfully acquired the strip retail property as of November 6, 2024.