Chao Guo & Juan M. Vinardell Acquire Retail Asset In Miami Gardens For $2.8M
5655 Northwest 195th Drive & 645 Southwest 16th Avenue
$2,800,000
$358/SF
Building Size
7,821 SF
Asset Type
Retail
Closing
Jun 8, 2026
AI
The property asset involved in this transaction is a retail space located at 5655 Northwest 195th Drive & 645 Southwest 16th Avenue in Miami Gardens, Miami. The total sale price for the asset was $2,800,000, with a square footage of approximately 14,737 square feet, resulting in a price per square foot of $190.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,800,000
- Address: 5655 Northwest 195th Drive & 645 Southwest 16th Avenue
- Market: Miami Gardens, Miami
- Buyer: Chao Guo & Juan M. Vinardell
- Seller: Peter Neubauer & Michael Barket
- Brokers: Jonathan De La Rosa & Matthew Albregts - Marcus & Millichap
The key individuals involved in this transaction include the buyers, Chao Guo and Juan M. Vinardell, and the sellers, Peter Neubauer and Michael Barket, who successfully completed the sale with representation from brokers Jonathan De La Rosa and Matthew Albregts of Marcus & Millichap.
Players
Miami Gardens 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93