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521 Southwest 8th Street

Edwar Perez Purchases Retail Property At 521 Southwest 8th Street For $3.2 Million
SOLDRetail

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

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker
Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServicesBrokerage

Bill Fuller

Seller

$89.9M

vol

9 deals

Seller

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