Adam Ramer Acquires Retail Property In Miami From Aron & Shelby Rosenberg For $4.5M

Located at 3404 N Miami Ave in Miami, this retail property was recently sold in a closed transaction. The property spans 4,900 square feet, with a price per square foot of $925. The sale price for this asset was $4,533,340, resulting in a cap rate of 4.85%.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,533,340
• Market: Miami
• Address: 3404 N Miami Ave

The buyer of this property was Adam Ramer, while the sellers were Aron & Shelby Rosenberg. Representing the buyer and seller respectively were Scott Sandelin and Jonathan De La Rosa from Marcus & Millichap. The successful transaction was finalized on 06/29/2022.