facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Retail

/

Sale

/

8425 Biscayne Blvd Miami, F...

Updated Sep 9, 2024

Chariff Realty Group Sells Retail Property On Biscayne Boulevard In Miami For $2.7M
SOLDRetail

Chariff Realty Group Sells Retail Property On Biscayne Boulevard In Miami For $2.7M

8425 Biscayne Blvd Miami, FL 33138, USA

$2,700,000

$370/SF

Building Size

7,294 SF

Asset Type

Retail

Closing

Aug 3, 2023

About this deal

AI

The property at 8425 Biscayne Blvd in Miami, Florida, was recently sold for $2,700,000. It is a retail asset with a total square footage of 7,294. The price per square foot was $370. The lot size is 21,146 square feet, which equates to a price per lot square foot of $128.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,700,000
  • Square Footage: 7,294
  • Price per Square Foot: $370
  • Lot Size: 21,146 square feet
  • Price per Lot Square Foot: $128

The sale was facilitated by brokers Lyle Chariff and Mauricio Zapata from the Chariff Realty Group. They played a key role in negotiating the deal and ensuring the successful completion of the transaction.

Please note that the transaction took place on 08/03/2023 and the property was sold by the Chariff Realty Group for the aforementioned amount.

Players

Mauricio Zapata

Chariff Realty Group

Broker

$61.5M

vol

34 deals

Broker

Miami Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Deal FAQ

About $370 per square foot on a published $2.7M for 7,294 square feet (2023).

Visit Mauricio Zapata to view all their deals.

Browse Florida retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets