Andres Navarro & Salvador Sanchis Of Harbour Residential Realty Represent Buyer In $5.25M Retail Sale
5605 Southwest 74th Street
$5,250,000
$939/SF
Building Size
5,588 SF
Asset Type
Retail
Closing
Jul 14, 2026
AI
This transaction involved a retail property located at 5605 Southwest 74th Street in Miami. The asset was sold for $5,250,000 and has a total area of 5,588 square feet, resulting in a price per square foot of $939.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,250,000
- Square Footage: 5,588
- Price per Square Foot: $939
- Address: 5605 Southwest 74th Street, Miami
Andres Navarro and Salvador Sanchis from Harbour Residential Realty represented the buyers, while Joseph H. Weston from Maddux & Company represented the sellers. Note from the buyer's representative indicates the involvement of a fully occupied, four-tenant retail building situated in a vibrant area known for its dining, shopping, and wellness options.
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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93