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.
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