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Raul Medina Of Medina Land Holdings LLC Purchases Retail Property In Miami For $3.15M
SOLD
$3,150,000
Florida
See Similar DealsRetail4,324 SF
Sold 12/23/2025
SOLD
Raul Medina Of Medina Land Holdings LLC Purchases Retail Property In Miami For $3.15M
7305 Southwest 40th Street
See Similar DealsRetail4,324 SF
Sold 12/23/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$728
Total Square Footage:4,324 SF
Transaction Type:Sale
A retail asset located at 7305 Bird Road in Miami was sold for $3,150,000. The property spans 4,324 square feet and is built on 0.42 acres. The transaction indicates a price per square foot of $728.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,150,000
- Address: 7305 Bird Road
- Market: Miami
- Square Footage: 4,324 SF
- Price per Square Foot: $728
- Buyer: Raul Medina - Medina Land Holdings LLC
- Seller: Safe Harbor Capital Partners
- Broker: Adriano Salucci - APEX Capital Realty
Raul Medina, representing Medina Land Holdings LLC, completed the acquisition from Safe Harbor Capital Partners, facilitated by broker Adriano Salucci of APEX Capital Realty. The property, constructed in 2015, includes three retail tenants.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$168,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,191.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,932.61
Annual Debt Service$179,191.28
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