SOLDRetail
FHG Seaway LLC Purchases Retail Property At 9149 Collins Avenue In Surfside For $20 Million
9149 Collins Avenue
$20,000,000
$3,087/SF
Building Size
6,477 SF
Asset Type
Retail
Closing
Jul 9, 2026
About this deal
AI
A 6,477-square-foot retail property located at 9149 Collins Avenue in Surfside has been sold for $20 million. The sale was executed at a price of $3,088 per square foot on July 9, 2026.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,000,000
- Buyer: FHG Seaway LLC
- Seller: SCR Trust LLC
- Square Footage: 6,477
- Price per Square Foot: $3,088
- Market: Surfside
- Sale Date: 07/09/2026
The transaction involved FHG Seaway LLC acquiring the property from SCR Trust LLC, marking a significant retail deal in the Surfside market.
Players
Miami 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93