Jose Bucay Acquires Retail Property In Miami For $3.36M With Broker Reps Brandon Holmes & Jonathan De LaRosa
7815 Bird Rd. Miami, Fl 33155
$3,355,267
$1,043/SF
Building Size
3,215 SF
Asset Type
Retail
Closing
Apr 20, 2023
About this deal
AI
Located at 7815 Bird Rd in Miami, this retail property was recently sold in a transaction facilitated by Marcus & Millichap. The buyer, Jose Bucay, acquired the property from Marilyn Wallach for a sale price of $3,355,267. Spanning over 3,215 square feet, the property was sold at a price per square foot of $1,044.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,355,267
- Square Footage: 3,215
- Price Per Square Foot: $1,044
- Date: 04/20/2023
- Market: Miami
Brandon Holmes and Jonathan De LaRosa from Marcus & Millichap represented both the buyer, Jose Bucay, and the seller, Marilyn Wallach, in this transaction. With their expertise, the deal was successfully closed, adding to their portfolio of successful property transactions.
On the Map
$3,355,267
$1,043/SF
Retail
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Players
Market 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
4.73%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93