The asset involved in this transaction is a retail property located at 5960 Northeast 2nd Avenue in the Miami market. The total sale price for the property was $1,500,000, with a square footage of 4,979 and a price per square foot of $301.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,500,000
• Address: 5960 Northeast 2nd Avenue
• Market: Miami
• Square Footage: 4,979
• Price per Square Foot: $301
• Seller's Representatives: Juan Andres Nava - Metro 1 Commercial, Josh Rosa - Metro 1 Commercial

The buyer now controls three properties on the gateway to the Magic City Innovation District - Little Haiti, and is actively working on improving the neighborhood. Notably, they are enhancing the former "Cleaners" building and making efforts to improve 5955 NE 2 Ave, which was also sold to this same buyer. Metro 1 represented both sides in this transaction.