Jake Waserstein Of LeaseFlorida Purchases Retail Property From Andrew Greenberg For $8.47M In Miami Beach
6700 Collins Avenue
$8,467,416
$377/SF
Building Size
22,409 SF
Asset Type
Retail
Closing
Mar 5, 2026
AI
The property asset involved in the transaction is a retail space located at 6700 Collins Avenue, Miami Beach. The sale price of the property was $8,467,416, encompassing a total square footage of 22,409 and a lot size of 51,430 square feet. The price per square foot was calculated at $377.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $8,467,416
- Buyer: Jake Waserstein - LeaseFlorida
- Seller: Andrew Greenberg
- Broker: Capital Real Estate Group
- Lot Size: 51,430 SF
- Square Footage: 22,409 SF
- Price per Square Foot: $377
Jake Waserstein represented the buyer in this transaction, while Andrew Greenberg was the seller. The broker facilitating the deal was Capital Real Estate Group, who played an integral role in finalizing the sale.
Players
Miami Beach 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
1.87%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93