Ramces Gallego Purchases Retail Property From Charles Ernst In Venice For $6.76M
SOLD
$6,757,514
Florida
See Similar DealsRetail4,542 SF
Sold 10/22/2025
SOLD
Ramces Gallego Purchases Retail Property From Charles Ernst In Venice For $6.76M
8959 Tamiami Trail
See Similar DealsRetail4,542 SF
Sold 10/22/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,487
Total Square Footage:4,542 SF
Transaction Type:Sale
This retail asset, located at 8959 Tamiami Trail in Venice, has been successfully sold for $6,757,514. It encompasses a total square footage of 4,542, translating to a price per square foot of $1,487.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,757,514
- Address: 8959 Tamiami Trail
- Market: Venice
- Square Footage: 4,542
- Price per Square Foot: $1,487
- Buyer: Ramces Gallego
- Seller: Charles Ernst
- Brokers: Ronnie Issenberg, Gabriel Britti & Ricardo Esteves - Marcus & Millichap
The transaction involved key individuals including buyer Ramces Gallego and seller Charles Ernst. The brokerage team from Marcus & Millichap was represented by Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves, facilitating the closing of this retail property deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$360,400.73
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,008.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,034.06
Annual Debt Service$384,408.77
Is there something missing? Send suggestions