Roberto Beraja Acquires Retail Property In Coral Gables For $2,300,000 With Synergy Realty Advisors
3800 Southwest 8th Street
$2,300,000
$705/SF
Building Size
3,259 SF
Asset Type
Retail
Closing
Sep 18, 2026
About this deal
AI
This retail property located at 3800 Southwest 8th Street in Coral Gables was sold for $2,300,000. The asset encompasses a total square footage of 3,259, translating to a price per square foot of $705.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,300,000
- Buyer: Roberto Beraja
- Seller: Fawn Reiner Allen, Steven M. Reiner & Susan Reiner-Lyon - Reiner Legacy
- Brokers: Giovanni Vasquez, Andros Sarduy & Rosaura Sandoval - Synergy Realty Advisors
Synergy Realty Advisors successfully represented both the buyer and seller in this transaction. The brokerage expressed appreciation for the trust from both parties involved, highlighting the collaborative effort in completing the deal.
Players
Coral Gables 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93