Bobby Julien Of Kolter Group Acquires Retail Asset In Miami Beach For $14.35M
6981 Collins Avenue
$14,350,000
$1,895/SF
Building Size
7,571 SF
Asset Type
Retail
Closing
Jun 25, 2026
About this deal
AI
A retail asset located at 6981 Collins Avenue in Miami Beach has been sold. The property encompasses a total of 7,571 square feet and was sold for $14,350,000, resulting in a price per square foot of $1,895.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,350,000
- Square Footage: 7,571
- Price per Square Foot: $1,895
- Buyer: Bobby Julien - Kolter Group
- Seller: Jason Snytte & Saul Perez
Bobby Julien of the Kolter Group played a key role in the acquisition of this retail property, representing the buyer in the transaction completed with the sellers, Jason Snytte and Saul Perez.
On the Map
$14,350,000
$1,895/SF
Retail
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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
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93