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7815 Bird Rd. Miami, Fl 33155

Jose Bucay Acquires Retail Property In Miami For $3.36M With Broker Reps Brandon Holmes & Jonathan De LaRosa
SOLDRetail

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

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.

Players

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker

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