Calico Investments Purchases Retail Property At 395 Northeast 167th Street For $680000 From Barry Wertheimer
395 Northeast 167th Street
$680,000
$288/SF
Building Size
2,357 SF
Asset Type
Retail
Closing
Feb 1, 2026
About this deal
AI
The retail asset located at 395 Northeast 167th Street in Miami has been successfully sold. The sale price for the property amounted to $680,000, and the asset encompasses a total square footage of 2,357, resulting in a price per square foot of $288.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $680,000
- Address: 395 Northeast 167th Street
- Market: Miami
- Buyer: Calico Investments
- Seller: Barry Wertheimer
- Broker: Joshua Rosa - APEX Capital Realty
- Sale Date: 02/02/2026
Joshua Rosa from APEX Capital Realty represents the seller in this transaction, which is part of a larger 1031 exchange consisting of three properties, all of which were off-market opportunities. For inquiries regarding additional retail deals in the area, interested parties are encouraged to reach out directly to Joshua Rosa.
On the Map
$680,000
$288/SF
Retail
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Players
North Miami Beach 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
23.33%
Cash-on-Cash
-6.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93