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
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