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7415 Southwest 24th Street

Andres Perez Acquires Retail Property From Yannet Diaz For $2.05M
SOLDRetail

Andres Perez Acquires Retail Property From Yannet Diaz For $2.05M

7415 Southwest 24th Street

$2,050,000

$377/SF

Building Size

5,425 SF

Asset Type

Retail

Closing

Mar 22, 2024

AI

The retail property located at 7415 Southwest 24th Street in Miami was sold for $2,050,000. The asset spans 5,425 square feet, resulting in a price per square foot of $378. The transaction took place on 03/22/2024 with Christopher Carbonell from Fausto Commercial Realty Consultants representing the seller, Yannet Diaz, and facilitating the deal with the buyer, Andres Perez.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,050,000
  • Address: 7415 Southwest 24th Street
  • Market: Miami
  • Buyer: Andres Perez
  • Seller: Yannet Diaz
  • Broker: Christopher Carbonell - Fausto Commercial Realty Consultants
  • SF: 5,425
  • PPSF: $378

Christopher Carbonell, the broker from Fausto Commercial Realty Consultants, played a pivotal role in the transaction, ensuring a successful deal between seller Yannet Diaz and buyer Andres Perez. This sale highlights the importance of experienced real estate professionals in facilitating smooth property transactions in the Miami market.

Players

Christopher Carbonell

Fausto Commercial Realty Consultants

Broker

$7M

vol

5 deals

Broker

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

7.74%

Cash-on-Cash

-2.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93