facebook
Traded Co logo
Submit

Chariff Realty Group Miami Brokers Sell Miami Retail Property For $1.8M On NW 7th Ave

Property Image
SOLD
$1,800,000

Florida

See Similar Deals
Retail4,231 SF
Sold 04/26/2023
the dealplayerscompscontact
Property Image
SOLD

Chariff Realty Group Miami Brokers Sell Miami Retail Property For $1.8M On NW 7th Ave

4901 NW 7th Ave

See Similar Deals
Retail4,231 SF
Sold 04/26/2023
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$425
Total Square Footage:4,231 SF
Transaction Type:Sale

The retail property located at 4901 NW 7th Ave in Miami has recently been sold for $1,800,000. The transaction took place on 04/26/2023. The property spans across 4,231 square feet with a price per square foot of $425. Additionally, the lot size is 12,006 square feet, resulting in a price per lot square foot of $150.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,800,000
  • Square Footage: 4,231
  • Price per Square Foot: $425
  • Lot Size: 12,006 square feet
  • Price per Lot Square Foot: $150

Lyle Chariff, Mauricio Zapata, and Jenna Cohen from Chariff Realty Group Miami represented the parties involved in this transaction as brokers.

Players

Mauricio Zapata
32 deals$61.5M volume
BROKER

Lyle Chariff
Chariff Realty Group
32 deals$56.7M volume(305) 576-7474
BROKER

Jenna Cohen
Chariff Realty Group
8 deals$6.1M volume(786) 262-8279
BROKER

Details

SOLD
IMAGE: Lyle Chariff, Mauricio Zapata & Jenna Cohen DATE: 04/26/2023 ADDRESS: 4901 NW 7th Ave MARKET: Miami ASSET TYPE: Retail BROKERS: Lyle Chariff, Mauricio Zapata & Jenna Cohen - Chariff Realty Group Miami SALE PRICE: $1,800,000 SF: 4,231 ~ PPSF: $425 LOT SF: 12,006 ~ PPLSF: $150

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$96,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02