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345 Northwest 24th Street

Tony Arellano & Devlin Marinoff Represent Sale Of Retail Asset At 345 Northwest 24th Street For $3,020,000
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Tony Arellano & Devlin Marinoff Represent Sale Of Retail Asset At 345 Northwest 24th Street For $3,020,000

345 Northwest 24th Street

$3,020,000

$1,663/SF

Building Size

1,816 SF

Asset Type

Retail

Closing

Jun 21, 2026

AI

The transaction involved a retail asset located at 345 Northwest 24th Street in Miami. The sale price for the property was $3,020,000, with a total square footage of 1,816, translating to a price per square foot of $1,662.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,020,000
  • Square Footage: 1,816
  • Price per Square Foot: $1,662
  • Address: 345 Northwest 24th Street
  • Market: Miami

The brokers representing the transaction were Tony Arellano and Devlin Marinoff from DWNTWN Realty Advisors, playing a critical role in facilitating the deal.

Players

Tony Arellano
Verified Badge

Tony Arellano

DWNTWN Realty Advisors

Broker

$1.6B

vol

155 deals

Broker

Market 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

5.25%

Cash-on-Cash

-1.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93