Lyle Chariff & Mauricio Zapata Of Chariff Realty Group Facilitate $4.35M Retail Sale In Miami
860 Northeast 79th Street
$4,350,000
$478/SF
Building Size
9,100 SF
Asset Type
Retail
Closing
Jun 18, 2026
About this deal
AI
A 9,100-square-foot building located at 860 Northeast 79th Street in Miami's 79th Street Corridor has been sold for $4.35 million. The property sits on a 27,000-square-foot lot just east of Biscayne Boulevard.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,350,000
- Square Footage: 9,100
- Price Per Square Foot: $478
- Address: 860 Northeast 79th Street
- Market: Miami, FL
- Brokers: Lyle Chariff & Mauricio Zapata - Chariff Realty Group
The transaction was facilitated by brokers Lyle Chariff and Mauricio Zapata from Chariff Realty Group, who represented the sale in this retail asset deal.
On the Map
$4,350,000
$478/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
3.65%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93