Edwar Perez Purchases Retail Property At 521 Southwest 8th Street For $3.2 Million
521 Southwest 8th Street
$3,200,000
$540/SF
Building Size
5,920 SF
Asset Type
Retail
Closing
Dec 9, 2025
AI
The asset involved in the transaction is a retail property located at 521 Southwest 8th Street in Miami. The transaction price for the property was $3,200,000, and it encompasses a total square footage of 5,920. The price per square foot for this asset was calculated at $540.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,200,000
- Address: 521 Southwest 8th Street
- Market: Miami
- Square Footage: 5,920
- Price Per Square Foot: $540
- Buyer: Edwar Perez
- Seller: Bill Fuller & Martin Pinilla
- Buyer's Representative: Maria Corina Betancourt - Berkshire Hathaway HomeServices
- Seller's Representative: Jonathan De La Rosa - Marcus & Millichap
The transaction was represented by Maria Corina Betancourt on behalf of the buyer, Edwar Perez, while Jonathan De La Rosa represented the sellers, Bill Fuller and Martin Pinilla. Their respective agencies include Berkshire Hathaway HomeServices and Marcus & Millichap.
Players
Miami 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93