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6981 Collins Avenue

Bobby Julien Of Kolter Group Acquires Retail Asset In Miami Beach For $14.35M
SOLDRetail

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

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.

Players

Bobby Julien

Kolter Group

Buyer

$694.8M

vol

11 deals

Buyer

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

1.11%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93